Thread regarding Ricoh layoffs

Ricoh layoffs today across the board!

Had a emergency meeting knew that was bad. Akira did not paint a good picture when the company did not meet it goals last quarter. Today guys were let go and we were told all thru the company all divisions.

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| 1626 views | | 8 replies (last October 18, 2023)
Post ID: @OP+1oI261Mv

8 replies (most recent on top)

? - Still waiting on recovery from 2015.

https://www.livemint.com/Money/Y0UJEQnYpRlkCMNSYSje5K/Ricoh-India-its-parent-company-and-investors-have-all-lived.html?facet=amp

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Post ID: @rbhk+1oI261Mv

Ricoh's Q1 FY3/2023 results highlighted the company in full recovery mode post-pandemic, with sales growth of 8% YoY but with operating profit surging 69.9% YoY. FY3/2023 company guidance is punchy, forecasting FY sales growth of 17% YoY and operating growth at 125% YoY.

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Post ID: @oyrg+1oI261Mv

# of Layoffs always hard to define. Hear best way is to compare the operational spend discrepancies in the quarterly reports?

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Post ID: @5fcp+1oI261Mv

How many were laid off?

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Post ID: @5tuj+1oI261Mv

Wonder what’s coming around the corner…….they seem to
Be positioning themselves for a complete sale of service. April first is getting close.

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Post ID: @2kpg+1oI261Mv

Anyone have an estimate on number laid off and which regions affected?

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Post ID: @2wng+1oI261Mv

Ricoh executives should stop requiring ethics training of their employees until they start treating us ethically.

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Post ID: @1zmf+1oI261Mv

Can affirm, had a quick team meeting today, to inform us that while our team remains unaffected (mostly due to the large geographical area we cover) a bunch of layoffs happened

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Post ID: @1tzx+1oI261Mv

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