Results 1 to 4 of 4

Thread: Ricoh layoffs

  1. #1
    Junior Member
    Join Date
    Apr 2020
    Location
    Gilford NH
    Posts
    1
    Rep Power
    0

    Ricoh layoffs

    I had a friend get laid off from Ricoh this week. He said it was across the board thru the U.S. Anyone else hear of anything?

  2. #2
    Service Manager 2,500+ Posts rthonpm's Avatar
    Join Date
    Aug 2007
    Location
    Pennsyltucky
    Posts
    2,777
    Rep Power
    107

    Re: Ricoh layoffs

    Print volume is down overall from office occupancy being lower and the move toward distributed workflows. To the accountants service is seen as more of a loss on the balance sheet: the competition is still thick enough that service rates stay relatively low while parts get more expensive and complex.

    Good luck to any of our colleagues getting affected by layoffs.

    Sent from my Pixel 6 Pro using Tapatalk

  3. #3
    Service Manager 5,000+ Posts
    Ricoh layoffs

    SalesServiceGuy's Avatar
    Join Date
    Dec 2009
    Location
    Nova Scotia
    Posts
    7,693
    Rep Power
    222

    Re: Ricoh layoffs

    ... the same thing happened in Canada when Pitney Bowes was in the copier business. Things could be going well but if you are on the wrong side of an excel spreadsheet, you are suddenly unemployed.

    There was a lot of pent up demand to acquire new copiers during and immediately after COVID. That replacement cycle has now largely been fulfilled, the equipment is more reliable, print volumes are down and remote service is more of a reality. Wholesale prices cannot go much lower and there are not enough quality salespeople to increase demand.

    The first place OEMs go to is to reduce expenses and that usually starts with reducing headcounts.

  4. #4
    Service Manager 10,000+ Posts
    Ricoh layoffs

    BillyCarpenter's Avatar
    Join Date
    Aug 2020
    Location
    Long Beach, Mississippi
    Posts
    13,356
    Rep Power
    446

    Re: Ricoh layoffs

    I've noticed that lately I'm getting a lot more cash customers. Or buying on 90-days with no interest. Interest rates are way up. No one wants to borrow money if they can avoid it.
    Growth is found only in adversity.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Get the Android App
click or scan for the Copytechnet Mobile App

-= -= -= -= -=


IDrive Remote Backup

Lunarpages Internet Solutions

Advertise on Copytechnet

Your Link Here