by stefanie | Nov 11, 2024 | City News
Ricoh’s growth defied challenges but profit took a serious hit as high restructuring costs eroded gains. Ricoh reported an 8.1% increase in overall sales for the half-year ended 30 September, reaching ¥1,202.5 billion ($8.04 billion/ €7.57 billion). However, profits...
by stefanie | Oct 24, 2024 | Around the Industry
Hewlett-Packard (HP) Taiwan has announced a significant restructuring, with layoffs affecting 20 to 30 employees in its R&D department. Industry insiders suggest the changes are part of the company’s broader “Taiwan +1” strategy, designed to optimise...
by stefanie | May 17, 2024 | City News
Toshiba Corp. has announced plans to cut approximately 5,000 jobs as part of its latest restructuring efforts. This workforce reduction represents about 7% of its domestic headcount and is aimed at streamlining operations and improving profitability. The company,...
by stefanie | Apr 5, 2024 | Around the Industry
The company announced that it has decided to implement global structural reforms to achieve the Medium-term Business Plan goals. In its announcement Konica Minolta explained: “With the basic policy of challenging and achievable target and return to a highly profitable...
by stefanie | Feb 28, 2022 | Around the Industry
Konica Minolta, Inc. announced a change of President & CEO, Representative Executive Officer, effective 1 April 2022, with the resolution adopted at the Board of Directors meeting held on 24 February 2022. Under the new structure, for the first time in Konica...
