Xerox begins job layoffs

Xerox begins job layoffs

The OEM is cutting back its IT positions in offices across the USA and Canada. Westfair Online reports that roles being dispensed with include software engineers, systems engineers, programme managers, finance managers, and support staff, although no official figure...
Mixed picture in Ricoh financials

Mixed picture in Ricoh financials

The OEM has published its consolidated results for Q1 of the current fiscal year (ending June the 30th) with varied fortunes for the Japanese giant. Whilst there was an increase in domestic sales for Ricoh, rising 3.7 percent to ¥193.6 billion ($1.73 billion/€1.47...
Ricoh continues index recognition

Ricoh continues index recognition

The OEM has been selected for continuous inclusion in both the FTSE4Good Index and the FTSE Blossom Japan Index, which offer share price indexes for ESG investments. It is the fifteenth consecutive year that Ricoh has been named in the FTSE4Good Index, and the second...
Ricoh opens Chinese factory

Ricoh opens Chinese factory

Ricoh has announced the establishment of a new manufacturing organisation, “Ricoh Manufacturing (China) Ltd.”. This company will manufacture office equipment at a new state-of-the-art production facility in Dongguan Guangdong, China, and, according to the OEM, forms...
Ricoh refutes more newspaper claims

Ricoh refutes more newspaper claims

This time, the OEM has had to clear the air regarding a supposed new factory which a newspaper reported it was establishing in China. Ricoh announced this week that a newspaper had reported that the OEM was constructing a new factory in China. This prompted the...