[bradfa]

Xerox has been laying off people in the Rochester area for over 2 decades now. The local economy has adapted to it decently. I doubt this situation will be any different.

The irony which sometimes happens is that those who work for Xerox (or Kodak, who has been doing the same demise, just on a grander and faster schedule) end up working for a contracting firm and then get "rehired" back to do the same job they used to do, just now not as an employee of Xerox. I'm not convinced this saves Xerox any actual money but it must work out to their benefit somehow as TONS of people doing work for Xerox are not Xerox employees but used to be.