Lexmark to lay off 1,000 employees as a part of restructuring
Lexmark has announced a worldwide restructuring program which will result in hundreds of layoffs.
The Lexington company says it will eliminate approximately 1,000 positions as a result of the plan.
The company made the announcement Thursday, and it did not release information on how the layoffs would impact Lexington's workforce.
A company spokesperson says the plan is necessary to ensure Lexmark's future success.