Xerox: Sales up, profits down

OK now I am confused.  Xerox is “restructuring” (layoffs/buyouts), so the labor cost is lower, they increased their sales, but profits are still down.  So…where is the money going?
http://www.marketwatch.com/story/xerox-2nd-quarter-profit-falls-sales-edge-up-2013-07-25?link=MW_latest_news