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Olympus: Sale of its camera division and job cuts are on the table

Started by Redaktion, December 01, 2019, 15:49:40

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Redaktion

Olympus has plans to address "the issue of personnel" as part of a restructuring process, according to Bloomberg. Its CEO has hinted that the company may sell its camera division to help double its operating margin too.

https://www.notebookcheck.net/Olympus-Sale-of-its-camera-division-and-job-cuts-are-on-the-table.445484.0.html

S.Yu

"double its operating margin"?
Then...essentially the camera division was bleeding 50% of their total profit of other divisions combined?
It's a shame because Olympus makes some decent wares, especially regarding build quality, albeit somewhat overpriced compared to competitors with larger formats.

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