Olympus photo division losses double

Started Mar 11, 2013 | Discussions thread
Craig from Nevada
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Re: Olympus photo division losses double
In reply to rovingtim, Mar 11, 2013

rovingtim wrote:

According to the latest Amateur Photographer (AP) magazine, Olympus losses nine months to Dec 2012 doubled from those of the previous year. AP notes Olympus's aggressive cost cutting strategy that will lead to a 7% decrease in their workforce by 2014. AP also notes that Olympus implied that they will be reducing their DSLR presence.

I would love to be proved wrong, but at the moment I still think the end of 2013 will be the countdown to backtracking on this forum rather than an E7.

I am not sure if Olympus knows what it is doing at this point.

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