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220 IKON/Ricoh Directors & Executives to be Laid Off
IA, Inc. has learned that this afternoon, 220 employees from Ricoh will be officially laid off as of today. Although still unconfirmed, sources that wish to remain anonymous within the organization have told us that an announcement will be made shortly. We’ve been told a mix of 220 IKON and Ricoh employees at the director level and above will be affected.
The move does not come as a surprise as earlier this year Ricoh announced massive layoffs. Ricoh is in the midst of a major worldwide restructuring, as evidenced by the recent news they may close their UK toner division, announcements last week they had cut headcount at their InfoPrint Solutions Plant, and even the elimination of US President and CEO Jeff Hickling.
It appears that Ricoh is consolidating redundant positions in the field and possibly at Malvern PA and West Caldwell locations.
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