When it comes to printing custom stickers in NZ or anything else anywhere in the world, the name Fuji Xerox is likely to pop up. A global titan with company offices among major countries like the US and Australia.
Speaking of Australia, the printing company’s Australia sector will be cutting down on its staff, with 50 staff members being cut down to a lower number. Out of these employees, only four have been offered new full-time positions, following the integration of Fuji Xerox Printers’ (FXP) into Fuji Xerox Australia.
Reports say that the local FXP staff were informed sometime around February that employees would be offered new positions at Fuji Xerox Australia (FXA), unless they were considered as redundancies, which would go into effect by March’s end.
The news of the integration came on the day immediately preceding Fujifilm Holding’s revelation that they plan to acquire Xerox Corp in a US$6.1 billion transaction, which would combine the US company into their current joint venture in order to increase scale and reach and cut down on costs amid the decline in demand for custom stickers in NZ and office printing.
Naturally, the former employees of FXP in Australia have moved on to other companies, including the company’s competition like Epson, HP and Lexmark, among others, with some migrating to other parts of the printing industry, to other things like custom stickers in NZ, among others.
Fuji Xerox Australia itself refused to comment on the matter regarding their employees. However, some employees have expressed disappointment with the developments, as quite a few of them had been with the company for quite some time.
Notably, FXA has a direct business model, which might make it difficult for FXA customers to get support with regards to Fuji Xerox issues, though the company has stated that it remains committed to ensuring a communicative, sustainable relationship with their resellers and distributors.
That being said, more than 100 of FXP’s local partners were uncertain of what would happen with regards to the new operational structure and business model as a result of the company integration deal.
These developments followed the company’s accounting scandal that rocked its operations across the AU and NZ, which led to $450 mill in loses and top-level board member and executive resignations.