Thread regarding Canon Inc. layoffs

Why does sales need a vacation as a reward for doing your job ?! I do my job and don’t need to tan myself on the dime of my peers. SMH

Good it was an excessive expense or let’s keep president club and layoff another 300 people.

"MO". Wonder if he's a reboot of the Three Stooges' Moe? Definitely a sh-t-show.

@e3 A hefty severance package?

@e3 - Or maybe he can’t extend the opportunity to employees he knows will not be employees here in 2027.

Let’s face it, MO has one goal. Show a profit. Spending money on an organization that is said to be losing money is not part of the plan.

Maybe MO has a better prize in store for the sales team.

@a9 haven’t heard any of this, but I understand the discussion. What is supposed to happen to the sole-sourced contract accounts?

The odds of the entirety of WTS being handed to the vendors within the next few months are probably 10/1. Even though the action will cost the company money in direct sales in the long run, the wrong people are in leadership positions and sadly headcount expenditures are the easiest line items to cut. By the time they realize both revenue and profits are down as a result, the majority of people will have moved on. BUT, As "SK" mentioned in the 2026 kickoff meeting, "Our future is not in commercial print but in semiconductors". They'll have eight US employees watching over server hubs and the print division will be gone.