FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) – Xerox Inc (XRX.N) cut its full-year revenue forecast on Tuesday, citing organizational changes, primarily in North America.

The U.S. photocopier maker is streamlining its business and scaling up operations under a new management installed by activist investors Carl Icahn and Darwin Deason last year.

Xerox now expects revenue to fall 6% for 2019, compared with a 5% decline it had estimated earlier.

Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D’Silva

Our Standards:The Thomson Reuters Trust Principles.

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