DIY Photography

Your one stop shop for everything photo-video

  • News
  • Inspiration
  • Reviews
  • Tutorials
  • DIY
  • Gear
Search

Submit A Story

Nikon to cut 20% workforce and move camera production to Thailand

Nov 9, 2020 by Dunja Djudjic 1 Comment

  • Share
  • Tweet
  • Flipboard
  • WhatsApp

It’s probably not a surprise that camera companies have been struggling this year. Apparently, Nikon is not an exception. According to recently published articles, Nikon plans to cut more than 2,000 jobs overseas, which is around 20% of its workforce. At the same time, the company will move camera sales from its from Japan’s Miyagi prefecture plant to Thailand in order to reduce costs.

In this article, Nikkei reports that Nikon plans to cut its workforce overseas by March 2022. The reasons for this are, unsurprisingly, the effects of the pandemic, but also the rise of smartphone cameras. “It’s important to fit the entire company in a way that is commensurate with the scale of sales,” said Nikon President Toshikazu Umatate. He added that the company would reduce the number of overseas employees to just under 60% of the number from March 2017. The overseas factories will continue to operate, but there will be significant cuts in staff and the structure will be reorganized.

The production of DSLR camera bodies, which is handled at the Miyagi factory, will be transferred to Thailand. Miyagi plant will continue to produce “LiDAR” sensors and the number of domestic employees will not decrease, according to Nikkei. It’s expected that this will help Nikon to reduce costs by more than 80 billion yen (~$758 million).

According to another article, Nikon’s camera business is struggling compared to other companies such as Sony, Canon, Fujifilm, and Olympus. The demand has shrunken significantly over the past two years. “Camera remains only in demand by professionals and hobbyists,” said Nikon executive. And the current coronavirus pandemic only added to the already bad situation.

Nikon added that they “aim to recover in the second half of this year by introducing three new mirrorless models.” However, the end of the year is near so I guess they were talking about the recently published Z6 II and Z7 II, and perhaps the Z5 which was published in July.

[via Nikon Rumors]

FIND THIS INTERESTING? SHARE IT WITH YOUR FRIENDS!

  • Share
  • Tweet
  • Flipboard
  • WhatsApp

Related posts:

Nikon lays off 700 workers in Thailand and Laos as part of “structural reform” After 70 years, Nikon is ending its camera production in Japan Oldest known production model Nikon camera goes up for auction ‘Liking’ and sharing a photo in Thailand can land you 30 years in prison

Filed Under: news Tagged With: Adobe, Adobe Photoshop, business of photography, Nikon

Dunja Djudjic: from diyphotography.net

About Dunja Djudjic

Dunja Djudjic is a multi-talented artist based in Novi Sad, Serbia. With 15 years of experience as a photographer, she specializes in capturing the beauty of nature, travel, and fine art. In addition to her photography, Dunja also expresses her creativity through writing, embroidery, and jewelry making.

« Here’s how to light paint with a Polaroid
APS-C has helped Fuji perform “significantly better” than market average so they’re sticking with it »

Submit A Story

Get our FREE Lighting Book

DIYP lighting book cover

* download requires newsletter signup

Recent Comments

Free Resources

Advanced lighting book

Learn photography

Recent Posts

  • AstrHori new 28mm f/13 2x Macro Periscope lens sees round corners
  • Sony World Photography Awards under fire for age limitations in Student contest
  • 5 ways to find inspiration when the weather is sad and grey
  • Photographers, keep an eye out for auroras around the world this weekend
  • How to make beautiful frozen soap bubble photos this winter

Udi Tirosh: from diyphotography.netUdi Tirosh is an entrepreneur, photography inventor, journalist, educator, and writer based in Israel. With over 25 years of experience in the photo-video industry, Udi has built and sold several photography-related brands. Udi has a double degree in mass media communications and computer science.

Alex Baker: from diyphotography.netAlex Baker is a portrait and lifestyle driven photographer based in Valencia, Spain. She works on a range of projects from commercial to fine art and has had work featured in publications such as The Daily Mail, Conde Nast Traveller and El Mundo, and has exhibited work across Europe

David Williams: from diyphotography.netDave Williams is an accomplished travel photographer, writer, and best-selling author from the UK. He is also a photography educator and published Aurora expert. Dave has traveled extensively in recent years, capturing stunning images from around the world in a modified van. His work has been featured in various publications and he has worked with notable brands such as Skoda, EE, Boeing, Huawei, Microsoft, BMW, Conde Nast, Electronic Arts, Discovery, BBC, The Guardian, ESPN, NBC, and many others.

John Aldred: from diyphotography.netJohn Aldred is a photographer with over 20 years of experience in the portrait and commercial worlds. He is based in Scotland and has been an early adopter - and occasional beta tester - of almost every digital imaging technology in that time. As well as his creative visual work, John uses 3D printing, electronics and programming to create his own photography and filmmaking tools and consults for a number of brands across the industry.

Dunja Djudjic: from diyphotography.netDunja Djudjic is a multi-talented artist based in Novi Sad, Serbia. With 15 years of experience as a photographer, she specializes in capturing the beauty of nature, travel, and fine art. In addition to her photography, Dunja also expresses her creativity through writing, embroidery, and jewelry making.

Copyright © DIYPhotography 2006 - 2023 | About | Contact | Advertise | Write for DIYP | Full Disclosure | Privacy Policy