Thread regarding Canon Inc. layoffs

I dismissed the communication that was sent and deleted it, as it seemed like a joke. What was the main message? I am also unfamiliar with the large stock buy—can someone fill me in? I guess that was last year during the big layoffs.?

Another issue is that outside vendors sell the same machines and supplies. Our prices have increased to reflect the new import taxes, fine. But when outside vendors like B&H did not raise their prices on any existing stock, raising our MSRP on everything only ends up in Canon losing that direct sale. The outside vendors make all that profit money while we're left in the dust.

Yup. To me the stock increase aligns with the profit over people message. The company gained valued but you still laid people off. Weak

@ck The $740+ million dollar stock buy back after laying off staff certainly contributed to any increase in the stock price. Haha Seemed like an ugly time to do it though if you ask me.

Canon Inc stock is up 16%, over the last 2 years

@c7 With that dysfunctional, absolutist mindset, if you think any top-down communication described here will increase productivity and boost morale, guess again! Don't be surprised if productivity took a hit once this cr-p became public. You must be one of those bootlickers that get off on this kind of stuff. This will tank the company's reputation. What a stupid, short-sighted move. And interesting how this came out a day before 81st anniversary of the D-Day landing. Hope that rattles your cage and to the id--t CEO.

However a public company puts profits over people. The board, and the shareholders demand that. Cull the herd until you have people who will produce. Lean and mean, get the stock to go up, then investors buy the stock, the company becomes more valuable, lowering borrowing costs. Its simple finances.

So, like everyone else that complains, go find a new job?