RICOH CO (JP:7752) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Ricoh Company, Ltd. has announced the implementation of a voluntary retirement program in Japan, aiming to reduce its workforce by approximately 1,000 people as part of a broader strategy to transform into a digital services company. The program is part of Ricoh’s Corporate Value Improvement Project to enhance profitability and align its business model with the evolving digital landscape. The company anticipates a one-time cost of 16 billion yen for the program in fiscal 2024 but expects cost savings of 9 billion yen in fiscal 2025.
For further insights into JP:7752 stock, check out TipRanks’ Stock Analysis page.
