Ricoh announces Telford job cuts
- 1 May 2014
- From the section Shropshire
More than a hundred jobs are to go at Ricoh's factory in Telford, as it looks to "streamline" its business across Europe.
The firm, which manufacturers office equipment, employs some 800 staff at its Priorslee plant.
In 2011, the company announced a global review in an attempt to improve efficiency and cut its overall workforce by 10,000.
In Telford, 58 posts have already been cut, with 53 more to go by September.
Director Rob Baggott said most of the cuts were expected to be made through voluntary redundancy, while staff had also been redeployed.
Ricoh moved to Telford in 1987, one of the first Japanese-owned firms to do so after the creation of the new town.
The firm has previously said that its worldwide operations had suffered due to the tsunami and floods in Japan.
It said it was looking to improve efficiency at its factories in Telford and France, as well as its distribution centre in Holland.