Workforce Redundancy at Ricoh China

Recently, rumors about redundancies at Ricoh China have been spreading on China’s Twitter-like website, Sina Weibo. It’s being said that 200 employees will be sacked in the near term, accounting for more than 22% of Ricoh’s total workforce in China.

The staff of Ricoh China would be reduced from 900 to 700 workers. This redundancy is related to the company’s restructuring strategy. Regional General Managers in Beijing, Shanghai and Guangzhou, the three largest cities in China, have resigned. At the same time, 100 employees have already been laid off.