Xerox to Boost Headcount - Analyst Blog

By Zacks Equity Research,

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Xerox Corp. ( XRX ) is increasing its workforce at its Nashville facility located in Highland Ridge Office Park on Marriott Drive by recruiting roughly 50 workers, according to source. The new employees will be added to deal with the company's growing client base.

The company currently has vacancies for customer service representatives, quality assurance analysts, technical analysts and service center managers. All these positions will be providing full-time employment opportunities.

Earlier, the company announced the expansion of its Nashville call center by adding 100 new jobs. The call centre, well spread across a 50,263 square foot area, is located at 801 Royal Parkway, Suite 200, in Nashville. It provides customer care support to the company's clients. The workforce expansion was done keeping in mind the clients' faith on the company's business process and information technology services.

Xerox also plans to hire 100 full-time customer service representatives for its Honolulu facility over the next several months. It will be hiring experienced workers on both temporary and permanent basis. The company seeks to employ 70 workers among them for a short-term project, which will end by December this year.

Xerox, in the second quarter of 2012, reported adjusted earnings (excluding special items) of 26 cents per share, in line with the Zacks Consensus Estimate but lower than 27 cents earned in the prior-year quarter. Revenues declined 1% (up 1% in constant currency) year over year to $5.54 billion, missing the Zacks Consensus Estimate of $5.58 billion.

Headquartered in Norwalk, Connecticut, Xerox Corporation is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world. Xerox, which competes with Canon Inc. ( CAJ ) and Hewlett-Packard Company ( HPQ ), maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Stocks
Referenced Stocks: CAJ , HPQ , XRX

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