Xerox at a crossroads as top investors push for big changes – Rochester Democrat and Chronicle


President of Greater Rochester Chamber of Commerce talks about changes at Xerox and his pitch for company to move its headquarters back to Rochester. Sean Lahman

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Xerox plans to move out of downtown Rochester and relocate the to the Webster campus.(Photo: MAX SCHULTE/@maxrocphoto/staff photographer)Buy Photo

By all accounts, 2018 is going to be a year of big changes for Xerox.

On Friday, the company announced it was vacating its downtown office space at Xerox Square. The tower has loomed over Rochester for 50 years, holding a prominent place in the city’s skyline and serving as a visible symbol of the company’s outsized impact on the local economy.

But Xerox’s exit from downtown Rochester portends more and bigger changes.

A pair of activist shareholders is seeking to shake up the status quo at Xerox, and their actions have raised questions about the future of the company and how its next moves could affect its footprint in Rochester. 

Carl Icahn, the company’s largest shareholder, wants to oust Xerox CEO Jeff

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