Kevin Foster-Keddie, president of Xerox Federal Credit Union, has been waiting for the downsizing bomb to drop for a decade.

So when Xerox Corp. announced earlier this year it was slashing 10,000 employees worldwide - 10% of its workforce - he wasn't surprised.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.