President Jeff Jacobsen, who will become Xerox's CEO, tells the Wall Street Journal, the company needs changes to put it on a stronger footing. He says part of that unfortunately comes from reducing the head count. Jacobsen declined to say how many jobs could be cut.

Could Xerox lay off more employees after it splits? The company's next leader says it will have to.

President Jeff Jacobsen -- who will become Xerox's CEO -- tells the Wall Street Journal the company needs changes to put it on a stronger footing.

He says part of that unfortunately comes from reducing the head count. Jacobsen declined to say how many jobs could be cut.

Xerox is splitting its legacy printer-copier business from other contract services. The other company, called "Conduent Incorporated" is scheduled to split off at the end of the year.