Ricoh Cuts 2,000 Jobs Due to Declining Office Equipment Market

Sep 13 (News On Japan) - Ricoh announced on September 12th that it will reduce its workforce by approximately 2,000 employees globally by March 2025. With the market for office equipment shrinking due to the advancement of digitalization, the company plans to restructure its overseas sales and service operations while focusing its management resources on supporting digital transformation (DX).

In Japan, Ricoh will offer voluntary retirement for about 1,000 employees starting in October. Employees who accept the offer will receive an enhanced retirement package and assistance with finding new employment.

Source: テレ東BIZ

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