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Electronics

Ricoh to cut 2,000 jobs globally as office printer demand falls

Japanese manufacturer to focus on providing digitization support for businesses

Though profit is expected to grow, Ricoh is restructuring its organization to counter the shrinking office equipment market. (Photo by Kohei Yamada)

TOKYO -- Ricoh will reduce its global workforce by about 2,000 people as it scales down the office machine business and focuses on assisting businesses with digital transition, the Japanese company said Thursday.

The cuts, to take place through March, will affect the office equipment division, including the sales and maintenance teams.

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