Xerox: Reconciling employee sacrifices with ACS

The economic downturn has dealt corporate executives a monumental strategic challenge: the need to cut costs through employee downsizing and/or benefit reductions, while pursuing deals that position their businesses for future growth. As we've noted previously, Nokia Corp. (NYSE:NOK), Caterpillar Inc. (NYSE:CAT), Medtronic Inc. (NYSE:MDT), Johnson Controls Inc. (NYSE:JCT) and others have all...