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Japan-Update

Ricoh to cut 4,000 jobs in Japan and Europe

Restructuring copier maker will sell logistics unit and Chinese factory

Ricoh continues to retool operations as demand dwindles for its copiers and printers.

TOKYO -- Japan's Ricoh plans to trim about 4,000 workers from its payrolls as soon as the coming fiscal year, streamlining and selling assets in its ailing core business of office equipment with an eye toward investing in future growth.

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