The Japanese company Ricoh, which makes printers and other imaging equipment, is planning to cut around 2,000 jobs worldwide by March next year, or over 2% of its workforce.
The move comes as demand for multifunction printers shrinks as offices go paperless.
Ricoh says it plans to focus on businesses related to digital transformation instead. It says about 1,000 jobs will be eliminated in Japan through voluntary retirement.
The company will accept applications for the program from October to February.
Ricoh launched a joint venture with Toshiba Tec in July to improve efficiency in development and production of multifunction printers. But the falloff in demand has forced makers to lay off people and restructure.
Konica Minolta has said it will reduce its global workforce by about 2,400 by the end of March. It also plans to start a joint venture with Fujifilm Holdings to integrate procurement of materials.
