Nikon Going Out Of Business? Restructuring 1000+ Jobs Lost, Bonuses and Stock Options GONE!

Happy days for Canon, Sony, Olympus and Panasonic, etc…

Today Nikon indicates it has begun restructuring. To stop the bleeding Nikon will provide 1,000 employees an easy exit with a Voluntary Retirement Package while 1,000+ others will be retained only until March 2017 when they will be terminated.

* Monthly salaries reduced
* Bonuses for the entire 2016 up to March 2017 will be forfeited
* All Performance-based Stocks Options also forfeited

This restructuring is said to cost Nikon approximately 48 billion Yen while saving approx. 20 billion Yen per year going forward.

It’s my hope Nikon pulls through these tumultuous times with this company-wide restructuring.

Thank you for joining the conversation. You truly are appreciated by me.

As always,

If you enjoy my content please give it a thumbs up and please subscribe to my channel for more Q&A, Daily Rants and much more photo and tech goodness! Thanks everyone for your support.

Grab a FREE copy of my eBook at: https://jcristina.com/ebook

Following me on social:

Twitter – http://twitter.com/JosephCristina
Instagram – http://instagram.com/JosephCristina
LinkedIN – https://www.linkedin.com/in/josephcri
Facebook – https://www.facebook.com/joseph.cristina
GooglePlus – https://plus.google.com/+JosephCristina

Watch me weekly on the Digital Photography Cafe Show
http://digitalphotographycafe.com

Joseph

I am a full-time, internationally published commercial photographer with over 20 years experience in photography, graphic design and media production. I am also an entrepreneur, inventor, educator, studio owner, radio and tv talk show co-host of the internationally syndicated Digital Photography Cafe while formally trained at BCC, FAU and the Art Institute of Fort Lauderdale, Florida. I've worked within multiple advertising agencies and collabornated with countless art directors and publishers over the years. Motto: Mediocrity is no longer acceptable; Be stellar or be nothing! – J.Cristina For questions & booking inquiries simply complete our contact form or call directly.