End of this month will equal more layoffs at Ricoh.
Original Post
Rumor verified w/email from HQ. Also all Non-Sales will be asked to take unpaid five-day furlough. Not verified but heard reliably is RIF of 25% Production Print Sales Reps and 500 Gen'l Line Salesforce. This probably just make the IKON/Ricoh marriage easier although it also feed the ranks of Canon and dealers if they are looking at quality rather than quantity to shore-up their ranks.
The inmates continue to run the asylum at Ricoh, Direct (IKON & RBS) is not profitable, Dealers are being squeezed instead of hugged, and general morale is at an all-time low over in HQ. Moreover, you now see talented executives, such as Ron Potesky, jumping ship to find safe harbor. If the axe must fall, I simply hope the correct heads get chopped (which has not happened over the past 6 months).
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Also all Non-Sales will be asked to take unpaid five-day furlough.



I have heard that this is also true, but all of the will make Ricoh leaner and meaner, there are those that think Ricoh is on the downside, however thier equipment has never been better and they are hedging the future with hardware.

Let's see when was the last time you saw some like Quanp from the likes of Sharp, Canon, Xerox or KonicaMinolta?

Do any of these companies have anything closely related to Document Mall?

I could go on and on, but I've got to finishing posting items on other boards.

Cheers!
"I have heard that this is also true, but all of the will make Ricoh leaner and meaner"

Ricoh got MEANER about one year ago.
UPDATE: FRIDAY 9/25/09

IKON employees are not subject to the 'mandatory' 5 Day furlough, just the employees on the Ricoh side.

An announcement has also been made in regard to Ricoh's pension, wherein all activity will be ceased. However, any changes to the Ricoh pension do not apply to IKON employees.

As you could imagine, the Ricoh employees are not happy.
Someone losing thier job is something we should not be make fun of, they have a family just as we do.
The Poll idea is not intended to be personal, but to ponder the next move within Ricoh, which is continuously demonstrating that it is not a stable organization (especially Dealer Division). Chuck Parr and his family are doing quite well and shall be fine in the future.
In other news, Matt Espe (IKON) will be taking control of Ricoh, as President and CEO. I guess whoever said that IKON would begin to swallow Ricoh, was indeed correct. I once joked (April Fool's) that they were putting up an IKON sign at Ricoh HQ in NJ and taking down the Ricoh sign. They may not go so far as to make that cosmetic change, but the poloitcal change has just set sail. What will the Independent Rioch / Savin / Lanier Dealers think about this change? Time will tell.
I must admit, I have now lost count on how many Presidents.CEO Ricoh has had in the last 7 years, could it be one for each year?
Can someone verify that Espe is the new president/CEO? There is nothing on the wires about this.
GMAN, where did you hear that Matt Espe is going to be the new President/CEO of Ricoh? Thanks...
I don't think he can divulge his source, however he has been right more times than wrong. We'll see!
The title of this Message Board thread is 'Rumor has it.' In no way did I mean to make a definitive comment. At the same time, sources have stated that Marty is out and Espe is in. We will see how it unfolds. Maybe they'll read this discussion on the RFG p4p Message Board and think twice.
Here's some predictions: Believe it or Not!

KonicaMinolta aquires Toshiba MFP Business
Kyocera aquires Sharp MFP Business
HP makes hostile Bid for Xerox

And then there were The Final Five!
quote:
Originally posted by Art Post:
HP makes hostile Bid for Xerox


I can believe this. The head of HP's IPG group has been saying for years that to meet targets, he needs about 10,000 more Sales reps.
quote:
Originally posted by vwrome:
Ricoh Aquires Kodak


It could happen, and may now have to happen with Ricoh. Or could KonicaMinolta HAVE to buy Kodak?
I would think KM has to be nervous. a lot of time and energy has been spent moving kmbs in the direction of big iron sales and now they lose the Oce box. The connections of the Danka people to Kodak seems to make sense and would think give KM the inside track.
I feel that with the Strong Ricoh/IKON relationship and history of selling Digimaster as well as the fact Canon will not be needing the Digimaster from Kodak to relabeled as their own, we will see Ricoh buy the Digital Print Portfolio from Kodak. (ie Nexpress/ Digimaster). Also Ricoh and IKON have made several Nexpress sales this year.
New in 2010!

Ricoh Wide Format Gelsprinters!! Naw, we'll just get Epson to make them for us!
quote:
Originally posted by Art Post:
New in 2010!

Ricoh Wide Format Gelsprinters!! Naw, we'll just get Epson to make them for us!


Yeaj, I couldn't get my Wide Format rep to say who is manufacturing them, but they did say they weren't GelSprinters after I pressed and asked the questions 3x.
Was told last week by a Ricoh employee that Ricoh will be offering the InfoPrint (Lexmark) A4 machines soon.
I believe Infoprint becomes a fully owned Ricoh business After March 31st 2010. I am curios of a RBS/IKON/Infoprint merge/consolidation. That may make a powerhouse. Time will tell.

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