Ricoh is set to evaluate its many business segments and determine which it will withdraw from or attempt to sell as it aims to increase its return on investment in the 2023 fiscal year.
If you pay any attention to the photography industry, it's hard to ignore the news of the financial struggle that Nikon has been dealing with since late last year. What were once rumors are now confirmed: the company isn't in a good place. But that said, Nikon is going to be fine... probably.
GoPro has had a rough few years, with its stock falling from over $80 a share in 2014 to less than $10 a share today. Working to turn its fortunes around, GoPro just announced that it has trimmed another 270 jobs in order to reduce expenses.