Olympus: Sale of its camera division and job cuts are on the table

[Redaktion]

Olympus has plans to address "the issue of personnel" as part of a restructuring process, according to Bloomberg. Its CEO has hinted that the company may sell its camera division to help double its operating margin too.

https://www.notebookcheck.net/Olympus-Sale-of-its-camera-division-and-job-cuts-are-on-the-table.445484.0.html

[S.Yu]

"double its operating margin"?
Then...essentially the camera division was bleeding 50% of their total profit of other divisions combined?
It's a shame because Olympus makes some decent wares, especially regarding build quality, albeit somewhat overpriced compared to competitors with larger formats.