Photography news, before it happens

Ok, no rumors this time – this is coming directly from Olympus Chief Executive Officer Yasuo Takeuchi:

Olympus Corp. is considering job cuts as the medical device and camera maker pushes forward with plans to almost double operating margin in the medium term, Chief Executive Officer Yasuo Takeuchi said. “The issue of personnel will naturally need to be addressed,” Takeuchi, who was promoted from chief financial officer in April, told reporters in Tokyo on Tuesday. “It’s a strategy to improve performance, and something that will come about in due course.”

There is also this:

Takeuchi also backtracked on some of his comments in the past that the camera business was not for sale, saying that may not be the case anymore.

This part is even more interesting:

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