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“Fallen angel” Xerox downgraded

“Fallen angel” Xerox downgraded

The OEM has been downgraded from investment grade to junk by Moody’s Investors Service, following a similar move by Fitch Ratings in August. According to Fortune, Moody’s cited “an uncertain revenue base” as one of its key reasons, as well as a “decline in demand for...
Kyocera supports vocational skills

Kyocera supports vocational skills

The OEM’s South African division recently hosted a graduation ceremony, following its support towards the Potters House Training Centre. The company called technical and vocational skills “an important commodity in a skills-scarce environment like South Africa,” and...
Xerox layoff hits management

Xerox layoff hits management

The OEM has recently laid off staff in a multitude of management positions. The Democrat & Chronicle reports that union-represented employees, including manufacturing and production workers, were not affected by the redundancies. Gary Bonadonna, a union leader,...
Awards roll in for Toshiba

Awards roll in for Toshiba

The OEM’s American division has enjoyed a successful spell in recent weeks, with a trilogy of honours being awarded. Toshiba’s Elevate MFP customisation platform, which allows users to personalise the interface of Toshiba’s e-STUDIO MFPs, received a 2019 Buyers Lab...