Tagged With "Q3"

Xerox cut 900 people from its global workforce in the third quarter as part of an ongoing restructuring, while reporting it has reduced the severance it pays employees who are losing their jobs, particularly in the United States. In the first full quarter that new CEO John Visentin has led Xerox, after a proxy battle that shifted leadership of the company to activist investors Carl Icahn and Darwin Deason, the Norwalk-based printing equipment maker reported net income of $89 million in the...

Did Ricoh USA also lay off some people?

Have not heard anything about Ricoh laying off lately

"Business equipment supplier Konica Minolta plans to lay off 219 workers in December as it moves closer to shuttering two facilities in Windsor. In a notice sent to the state Labor Department on Monday, the company said the layoffs would go into effect on Dec. 14 and provided a breakdown of the positions affected, including analysts, billing specialists, division directors, managers, sales administrators, technicians, and others. Konica Minolta announced plans to close its facilities at 500...

I just heard this a few minutes ago. Global is gone as of January 1 it’s being absorbed buy xerox directions. I guess many more peeps are going to be looking for jobs, more on this as we all find out More

HP is keeping a firm grip on channel inventory levels as it continues to react to coronavirus-sparked changes in the printing world. Commercial print has been one of the victims of the pandemic, with offices shuttered and resellers unable to sell consumables or encourage hardware upgrades. The consumer market has been different, and shown growth with the shift to home working, but for the enterprise sector the past few months have been difficult. The impact of Covid-19 can be seen in HP’s Q3...

MFP/printer market growth IDC published worldwide hard copy peripheral (HCP) market report - Worldwide shipments of HCP increased by 8.6% during last quarter (Q3 of 2020) - Total of 26.2 million units shipped - Expansion driven primarily by low end inkjet devices for at-home remote workers - HP lead with 44% marketshare of 11,599,535 units shipped

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(RTTNews) - Japanese imaging equipment maker Canon Inc. (CAJ) reported Thursday that its third-quarter net income attributable to the company was 62.13 billion Japanese yen or $414.23 million, up 14.8 percent from last year's 54.12 billion yen. On a per share basis, earnings were 62.62 Yen or $0.42, compared to 52.88 yen last year. Operating profit grew 1.5 percent to 82.62 billion Yen or $550.83 million from 81.44 billion yen last year. Net sales for the quarter increased 3 percent to 1.03...