Kyocera SA revisits 2018

Kyocera SA revisits 2018

The OEM’s South African division has been reflecting on the twelve months just finished, which it calls “a tough year for most South African companies.” Beginning its reminiscence with a quote from Socrates – “the unexamined life is not worth living” – the company has...
“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,...