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Ricoh said in a statement that it plans to reduce about 10,000 staff from a global workforce of 109,000, a move that it expects will increase its operating profit by 140 billion yen, or $1.7 billion, over the next three years.
Microsemi said that it was aiming to increase its operating margin to 27percentt by the end of 2006, up from a previous target of 25percentt.
Despite the troubling long-term trend, Qwest managed to increase its operating income to $179 million in the quarter; it lost $47 million a year earlier.
It said the proposed changes to working patterns would "considerably increase" its operating costs.
That will create economies of scale and should help Overland increase its operating margins to 9percentt over the next two years, from 5percentt now, he said.
He expects the company to be able to increase its operating margins to 5percentt, from the current 2.5 to 3percentt, as revenue rises.
Similar(48)
Its free cash flow hit a record of RMB 8.1 billion for the quarter and RMB 11.0 billion for the previous year of operations, and its JD.com Mall marketplace increased its operating margins nearly three-fold.
A. Cisco has very high gross margins and is not increasing its operating expense significantly.
Centrica, the owner of British Gas, increased its operating profits by 14% in 2012 to £2.74bn.
–Google may spend money lavishly, increasing its operating expenses 49 percent last quarter over the year before.
Toyota said such cost-saving measures increased its operating profit by 40 billion yen ($361 million) for the quarter just ended.
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