After years of declining sales and no end in sight, Lexmark finally conceded that it could not make money in…
Browsing: workforce reduction
As we wrote in a recent article on the company’s new light production MFPs, Sharp is struggling financially (see “Sharp…
Toward the end of June, much of the news related to HP’s financial outlook and future has been gloomy. HP’s…
Cartridges Are Us (CAU), a wholly owned subsidiary of Clover Technologies, cut its workforce by approximately 15 percent last week…
During Hewlett-Packard’s second-quarter earnings call, President and CEO Meg Whitman told investors and analysts that the firm expects to shed some 27,000…
The business press has been active over the past 24 hours covering rumors that Hewlett-Packard will soon announce plans to…
On April 26, Ricoh announced its financial results for the fourth quarter and the fiscal year ended on March 31,…
Lately, we have heard troubling news from Malaysia-based Pelikan International Corporation, owner of Pelikan Hardcopy, the European manufacturer of aftermarket…
Reports are circulating on various websites that HP will lay off 275 people from its webOS team of about 600…
Following news of Kodak’s bankruptcy (see “Kodak Files for Bankruptcy” and “Update on Kodak Bankruptcy and Preview of Q4 Financials”),…