
As a result of the latest financial news, Nikon’s stock dropped almost 15% in trading today, but it is slowly recovering right now (it is already February 15th in Japan) – see live quotes here. Via Petapixel

Nikon released their financial results for the first half of the year ending on September 30, 2016: Profits are up 54% Operating income is up 23.8% Sales are down Nikon also “decided to conduct a fundamental company-wide restructuring in order to enhance its ability to generate profit and create value“ Quote: “Nikon Corp. reported that […]

Update #1: Nikon issued a statement denying any layoffs. Update #2: Nikon to “re-assign” 1,550 employees in Japan, total headcount will be reduced by 1,000 This just in from Nikkei – “Nikon to cut 1,000 jobs in Japan“: Nikon plans to eliminate about 1,000 jobs in Japan, or 10% of its domestic workforce, as the company […]