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Pandemic caused industry job losses

  • Article published by Nikkei Asia magazine
  • COVID-19 crisis has resulted in thousands of job losses at Japanese office-equipment makers
  • Ricoh laid off about 6,400 workers through voluntary retirements of sales and maintenance personnel overseas, and by consolidating manufacturing after it opened a new factory in China in July
  • Canon laid off about 4,100 employees during the same time, including sales staff for its office equipment and cameras business in Europe and the United States
    o It also eliminated jobs by combining business units overseas, such those providing maintenance.
  • Xerox eliminated about 1,500 employees
  • According to market-research firm IDC, the 2.46 million A3 MFPs sold from January to September were down 22% year-over-year

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