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Re: [OM] rumors of Olympus closing camera division?

Subject: Re: [OM] rumors of Olympus closing camera division?
From: Ken Norton <ken@xxxxxxxxxxx>
Date: Tue, 12 Nov 2019 14:00:57 -0900
> These new consultants came with different assumptions and came to different 
> conclusions. Many of the plants that had
> been profitable were now financial drags and were sold....

Ah, the Jack Welch school of management.


> So sure, Oly's camera division may be being saddled with costs that may not 
> be appropriate, for whatever business,
> political or philosophical reasons. Almost certainly not illegal, as it's all 
> one entity. Unethical? Probably depends on
> point of view.

It depends. With publicly traded companies, it can be a problem. And
lest we forget, Olympus found a way to lose a billion dollars on real
estate speculation and then proceeded to bury it in "divisional
losses" for years.

AG Schnozz
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