Xerox’s Job Eliminations Estimated at 4,500
Xerox’s global workforce is now estimated to be 28,000 employees, down from last year’s 35,000 employees.
Category: News
Slow Sales, But Higher Profits for Ricoh’s First-Quarter
Sales in the Americas decreased by 2.3 percent year-over-year due to the decline of sales in the Office Printing group, although sales in the Commercial Printing group were up.
Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Profits Plunge for Epson’s First Quarter, But Maintains Forecast
Within the Printing Solutions’ group, revenue for printers – consisting of 82 percent inkjet models – was down 8.2 percent year-over-year.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
Konica Minolta Shipping AccurioPress C83hc
The AccurioPress C83hc is said to be able to reproduce images that are difficult to achieve with standard CMYK toner, such as bright purples and vibrant greens.
Xerox Receives Green Light for Holding-Company Reorganization
On July 25th, Xerox announced that it had received all required regulatory approvals for its proposed holding-company reorganization. As previously...
This Week in Imaging: Toner Wars, Clover, Canon, More
The aftermarket printer-supplies wars continued this week, with the Daily Monitor reporting that Ughandan government authorities confiscated five tons of...
New Budget-Friendly A4 Models from Xerox with WiFi, Mobile Printing
Designed for budget-conscious small and home offices, Xerox today introduced three new lower-priced A4 models.
Clover Seeks to Reassure Customers
This week, Chicago-based toner-remanufacturer Clover Imaging Group issued a letter designed to reassure customers in the wake of trouble concerning an approximate $650 million loan.
Canon Reports Results for Second Quarter
Citing the impact of the U.S.-China trade war and other factors, the firm said it doesn’t see any signs of improvement in the business environment, and lowered it forecast for its fiscal year.
A Look at Sharp’s Earnings’ Recovery Since Foxconn Acquisition
In 2016, giant electronics contractor Foxconn – also known as Hon Hai Precision Industry and headquarted in Taiwan – acquired......
Toshiba Adds Copier/MFPs to AEG Contract
Toshiba America Business Solutions, Inc. reported today that it’s expanded its contract with AEG, a sports and live-entertainment company, in...
This Week in Imaging: Hacker Swipes Data from Entire COUNTRY
While breathtaking stories such as this tend to get the headlines, many enterprises still don’t see the security risks inherent in today’s printers and MFPs.
Profits, Sales Forecast to be Down for Canon’s Last Six Months
One factor is likely to be a slowing economy in Europe, which has resulted in European companies delaying investments, including investments in office-imaging equipment.
Canon Gets New Toner Take-Downs from Amazon U.K. Website
Canon Inc. of Tokyo, Japan, continues its campaign to have unauthorized, third-party laser-printer supplies removed from the Amazon ecommerce website,......
