Ricoh usually waits until AFTER they hold their Dealer Sales Meetings to implement layoffs, which history has proven.
Since Convergence is on June 10th and runs through the 13th, I believe the layoffs aimed at continued cost cutting will come at end June 2012.
Even if these new layoffs impact the Direct side to a greater extent, they do not want the Press and Media to make any mention in the articles that will be written around this Dealer Event.
Remember what I told you about Marty, he cuts like a knife, but he is also media savvy. He'll enjoy the red wine and toast the Dealers at the WYNN, while soon after...others will LOSE.