About a year ago, Xerox told some 600 employees, many of them engineers, that their jobs were being transferred to an India-based IT services firm.
The move by Xerox goes to the heart of the outsourcing debate between President Barack Obama and the presumptive Republican nominee, Mitt Romney.
It involves outsourcing product engineering employees, a skill set often linked to the nation's innovation capacity, to an offshore company. Will Xerox's moves result in a net gain or net loss of jobs? The answers may still be in the future, but one of the people involved has the president's ear.
Xerox's CEO, Ursula Burns, is playing a prominent advisory role in the Obama administration as the vice chair of the President's Export Council as well serving on the President's Jobs Council.
Oh, and vintage media hacks: don't bother picking up this story and running with it. We've got it handled, thanks.