In January, Ricoh announced a top leadership shakeup on the eve of its disappointing third-quarter earnings report (see “Ricoh Announces New Leadership as Challenging Fiscal Year Nears End” and “Ricoh Posts Downbeat Q3, Lowers Full-Year Forecast Again”). This month, Ricoh’s U.S. subsidiary, Ricoh America, reorganized its sales channel and laid off workers weeks in advance
