This has been coming for years. The long winded comments that are, most likely, from Canon corporate communications, are espousing a company that no longer exists. Corporations absolutely need to change/reorganize for the future and Canon used to care about their employees. Canon waited to do anything until the future was upon them - cameras were overtaken by smartphones, copiers are being overtaken by digital data. The leaders, who are still in charge, did absolutely nothing to their organizations based upon this extremely public information. If leaders were truly leaders, cuts would have been happening all along in divisions where sales and profits were down. It is also very obvious this is not a company that cares about employees as they made a conscious decision to lay people off via video call when the entire company requires at least two days in the office. Own your decisions. Stop hiding. I feel for the people left behind. Canon senior management believes that staff can just absorb a 20% cut. They don’t care how because they don’t care about the employees that actually have to figure out how. Canon has set people up for failure with this cut. Senior leadership will crack the whip and tell middle management what needs to be done without offering help or assistance. Middle management on down will trade their health and families to try to give senior leadership continued growth, when in the end, Canon could care less about their efforts. Are those that are absorbing work getting paid more? Doubtful. Will senior leadership get hefty bonuses based on profit due to decreased salary expenses? Absolutely. This is the real Canon now. Not who they used to be.
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If you look at the layoffs it’s never the VPs and above you are responsible for the problems and structure of the company. Of course Canon will survive but the rank and file will suffer