Planet Image International faces margin squeeze

Planet Image International faces margin squeeze

Revenue grows but European sales decline, pressuring margins and profitability in 2024. Planet Image International, the Cayman Islands-based holding company of Aster, reported a 4.1% revenue increase to $77.3 million (€72.3 million) for the first half of fiscal 2024....
Ricoh looking to downsize workforce by 2,000

Ricoh looking to downsize workforce by 2,000

Ricoh published a notice regarding the implementation of the voluntary retirement programme “Second Career Support Programme” in Japan Ricoh Company, Ltd. The company announced that as part of the Corporate Value Improvement Project, it has decided to implement a...