Thread regarding Ricoh layoffs

Have you seen the new Ricoh video?

Let's just say that Ricoh will be breaking up the company by April. So they are going the way of Xerox. Then they say that each company will be responsible for their portion of the company. They also mention that they need to speed up the process of becoming a digital company which means....goodbye techs me thinks. I think Florida and Mississippi were a testing ground, so now they will be selling off the techs to third party services.

Who knows what IT portion will do? Who knows where MS will stand. Our boss has been hinting that he might not be around anymore as most MS sites report to a direct manager, then he/she reports to an area manager who reports to upper management. Which makes me think they are cutting out the middle managers who are likely s—ing up air and resources.

Sad times. I think the end of Ricoh is coming. They believe that by being a digital company they will increase revenue and I believe they have muddy the waters so much people don't know what the hell they are, much less what the point of them is.

For any 10 year and under people, I seriously recommend that you find another stable company to work for because RIcoh ain't it cousin! Get out before the ship sinks totally. The only reason people with 10+ years stay is for a decent severance check at the end of the time we are here.

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Post ID: @OP+16qPCApR

15 replies (most recent on top)

Cheap, c-appy, same machine defects generation after generation, terrible company. Got a buyout in 2017, can't wipe the smile off my face.

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Post ID: @18shm+16qPCApR

Anymore in formation regarding the strategy behind this?

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Post ID: @17fbe+16qPCApR

I left in 2015... tried to warn everyone about what was coming that I could. Sorry to see that so many good people are suffering due to ongoing (and terrible!!) leadership - for years and years now. Anyone aboard the Ricoh crazy train better bail before the mass branch sales make transiting to similar jobs elsewhere a competition against everybody and their uncle in a declining industry...

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Post ID: @dlus+16qPCApR

Worked at Ikon during the merger/acquisition. Typical corporate structure of needing tenure, education and political weight to move up the ladder. I was one of the highest performing employees and was in my early/mid 20's. They (Ricoh) ran me off, essentially.

I left, started and ran a very successful business. I was able to sell and currently am a director for another large company.

Old school mentalities ran a lot of good talent off when it turned into Ricoh. This doesn't surprise me one bit.

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Post ID: @cobh+16qPCApR

I agree with everyone here. I just wrapped up a 16 year tenure at Ricoh and let me just say that the executives make continual changes sometimes twice in a fiscal year and offer no guidance as to a larger picture. In turn when their plans fail they just initiate additional layoffs to compensate. The best chance they had at being successful was when they acquired IKON yet instead of listening to those at IKON who how to maintain a successful solutions business they began pushing Ricoh only products, souring partner relationships and the infamous consistent restructuring. Let's not even get into how many internal processes their employees are subjected to. For a company that holds each employee accountable for how profitable they are they sure do load that same employee up with so many internal hurdles that one would thing that was their full time job.

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Post ID: @6xoh+16qPCApR

That is the destiny of the old fashioned printer manufacturing company. The company tried to transform itself to solution service oriented company, but without IT technology and culture. No capacity to develop solution, even simple application for MFP. The top management spent huge amount of money for M&A to expand the market share, but mots of those M&A were unsuccessful due to lack of the business sense of the far east management. Just think about, how often did they change the worldwide CEO and other officers? No long term, business strategy. Totally useless. The worst was the last M&A of the company I that distributed Ricoh and competitors product. It was in the end of printing world to digital ( no paper document) market. Lost huge money in that north america operation, sadly, the local top management team kept "unexpected" financial negative impact long time, meanwhile left a lot of good workers in the street. Now the justice will be applied.

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Post ID: @6amk+16qPCApR

Was with Ricoh for 27 years before being part of the mass layoff in 2017. Very sad to see. Ricoh has hit the iceberg and just trying to figure out when the band plays.

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Post ID: @5pvn+16qPCApR

This was a stupid company 10 years ago and IQ has only got worse. Net Promoter Score: Do you feel you made the right decision regarding the printer you bought 3 days ago? Answer- They’d be stupid to say no b/c they’d be admitting flaws in decision making. Of course They're happy with it b/c it is brand new. Survey them 2 yrs into their 66 month lease. Oh well. Bye bye ricoh.

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Post ID: @1oeu+16qPCApR

Totally agree with @1uyb+16qPCApR - Ricoh has always suffered from me too-ism. That combined with a race to the bottom and old school visionless execs just trying to get to retirement have s—ed the life out of this company and its employees.

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Post ID: @1guq+16qPCApR

Ricoh has always followed what other companies have done. Even if what other companies were doing was failing. I’ve worked for Ricoh for over a decade and a half and each time they decided to go in a new direction it was because that’s what everyone else was doing. They don’t innovate they just react. They also keep the same upper executives making the bad decisions and then fire the lower wage earners when their plans don’t work.

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Post ID: @1uyb+16qPCApR

Which division will get the T-shirt printers? Or will that be a division onto itself... so glad I left. My sincere well wishes to contestants stuck on “ Japanizi: Going, Going, Gong!”

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Post ID: @1qda+16qPCApR

This. Will. Be. A. Train. Wreck. Might want to stick around just to see this go down.

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Post ID: @1ilj+16qPCApR

It is in an email with a link to R-World. Apparently for internal employees only.

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Post ID: @bon+16qPCApR

Is this only on RWorld or is it viewable externally? Turned in my devices the other day and I'm curious to view the video.

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Post ID: @qdt+16qPCApR

Yeah, I saw it and thought the same thing. Ricoh always seems to want to do things the way that Xerox does and how has that worked out for them? Reminds me also of how Ricoh was having techs transition over to IT and then shut that all down. I don’t think they have a clue what they are doing. Get out while you can.

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Post ID: @hlt+16qPCApR

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