Thread regarding Canon Inc. layoffs

Canon Tariff Refund

Anyone else get a pocket change raise despite improved numbers back in April? This is what the on-highs think of us and Canon Customers.

Canon USA and its parent company received a $109 million USD (~17 billion yen) U.S. tariff refund following a U.S. Supreme Court ruling that invalidated tariffs imposed under the International Emergency Economic Powers Act (IEEPA).
Key Details of the Refund
• Government Process: U.S. Customs and Border Protection (CBP) launched Phase 2 of its Customs Automated Processing Environment (CAPE) refund system on June 29, 2026.
• Canon's Recovery: Canon initiated its refund application in June 2026 and completed the review process, expecting to record the $109 million refund (plus interest) in Q2 2026. Overall, Canon reported recovering about 90% of its eligible tariff costs by June 2026.
• Financial Impact: The tariff refund added approximately 58 billion yen to Canon's second-quarter operating profit, boosting its Q2 2026 operating profit to 159.2 billion yen.


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| 154 views | | 11 replies (last October 13) | Reply
Post ID: @OP+1m49tyjxg

11 replies (most recent on top)

@15d Agreed. They are bloodthirsty monsters. No better way to describe the way they operate. All that can be done is just do the bare minimum and don’t give them extra. They don’t care at all, except our place on a spreadsheet row. If Canon USA wants to achieve profitability, they need to take a hard look at the overhead with bloated management. The org chart I am sure is full of managers that add no value to the company.

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Post ID: @18h+1m49tyjxg

@13y of course management and their cronies are sharks. better question is why we are all acting like chum watching them pick us off one by one and immiserating everyone until they quit or eaten alive?
getting really tired watching my friends and coworkers get backstabbed by these blood thirsty monsters.

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Post ID: @15d+1m49tyjxg

@13h Or know enough to avoid the people mentioned in the post. Personally I think the point is Canon management are sharks who devour people and sharks think the same way.

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Post ID: @13y+1m49tyjxg

@z0 I guess even sharks have good taste.

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Post ID: @13h+1m49tyjxg

Why don't sharks eat CEOs, C-suiters and middle management? Answer: professional courtesy.

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Post ID: @z0+1m49tyjxg

Canon is a greedy Japanese company who don’t care about American employees. They set a culture that makes you believe they are losing money so they can make cuts, save money, and force the employees left behind to pick up the slack.

All you need to do is look at our CEO’s latest communication. He praises Canada and South America while using the tariff as an excuse.

To my fellow American Canon employees, don’t work too hard. Canon USA deserves everything they get back from you in return because they are the one’s who created this culture.

Our CEO hasn’t said anything positive about our country since he was given the position.

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Post ID: @v8+1m49tyjxg

@jy Then the C-suite is up against more quiet quitting. If they want to be cut throat, then expect a response in kind by employees. Don’t think potential and existing customers don’t read about the bloodsucking going on. Their spreadsheets will only get worse the rate they are going and the Google fiasco is just that. A fiasco.

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Post ID: @kq+1m49tyjxg

He’s still crying about tariffs in the monthly newsletter. He’s complaining about inflation as well, but doesn’t care about the effects of inflation on employees. This recent boost in Q3 results is fool’s gold, and he will only get greedier and more flamboyant and brazen in the coming months. A full RTO is still on the table. The rush to full Google conversion is accelerating by the week. Expect more jobs to be shipped offshore as well, what we have seen so far is only a trial run. Once they see the cost savings on the income statement, they will only become more emboldened to do more of it. They do not care about the quality of the work, despite all of the Google Slides that embellish accomplishments. It’s a cut throat environment. Reduce costs is the name of the game. You? You’re just an expense that they must eliminate, somehow, someway. The truth is brutal, but you must understand what you are up against.

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Post ID: @jy+1m49tyjxg

@a5 Saddle up on a cactus.

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Post ID: @aw+1m49tyjxg

Reduced raises for employees, raised prices for customers, no change to either after $109 million tariff refund. Yeah… that tracks. I’m sure the c-suite bonuses will be fat this year while the rest of us watch health insurance and grocery bills skyrocket.

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Post ID: @ag+1m49tyjxg

Yes we so grateful for refund. Thank you Canon. We lucky to work at best company in world. Thank you.

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Post ID: @a5+1m49tyjxg

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