Thread regarding Canon Inc. layoffs

2024 to 2026 what's changed

In 2024 Canon USA and Canada reduced workforce by roughly 14%. Melville and Boca saw a reduction of almost 150 employees. A North American wide restructuring.

In January 2025 CUSA and CSA merged.

March 2026 Canon USA announces new Americas Wide Production Print

Present Day, two years later. Most jobs eliminated have been restaffed, hiring is on the increase again. Almost a ditto of the COVID layoffs and then restaffing leading up to the 2024 RIF.

Revenue from sales is still below pre covid 2019 levels, staffing has increased, customer service and product reliability are still subpar.

Disparity between OCe management and Japan management still exists, BOCA management and Melville management at all time division.

Americas production print still not offering all the industrial equipment that the rest of world already does, a repeat of 2020 management.

Has nothing changed over the past 6 years. Will 2026 be Groundhog Day all over again?

Is it not obvious how siloed the company continues to become. No, I don't work for Canon, nor do I have any ax to grind, just stating the outward facing facts and observation. Where are the gains from all the restructuring from 2020 to 2024 to 2026?


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| 1 view | | 6 replies (last March 13) | Reply
Post ID: @OP+1kkh7mkt8

6 replies (most recent on top)

LOL! MKT8, you’re funny.

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Post ID: @c1+1kkh7mkt8

@bw stock market is a ponzi scheme created to rob workers from pensions into a 401k vehicles designed to dupe you into paying for your future, not the company. Don't forget that more than 90% of the stock market is owned by the upper 1%. you aren't winning, the c-suite is.

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Post ID: @c0+1kkh7mkt8

What has changed since 2024? That’s easy, the CEO took over Jan 1, 2024.

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Post ID: @by+1kkh7mkt8

This is how corporate America works. We shrink, we grow, sometimes good people let go. It’s hard sometimes. The good news is, look how Canon has faired vs competition. And don’t say this doesn’t mean anything. Last 5 years stock performance…Canon +28%. Ricoh -17%. KM -20%. Xerox -93%.

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Post ID: @bw+1kkh7mkt8

What's obvious is the truth in the original post. All the HR and Canon Executives on this board can post your distain and pointed comments to deflect, but you can't hide from the public truth.

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Post ID: @bt+1kkh7mkt8

@OP "I don't work for canon"... it was obvious without your clarification.

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Post ID: @a5+1kkh7mkt8

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