Office Depot Compucom
Office depot earlier this week disclosed that compucom will generate weaker than expected revenues in q1 of 2019 hurting overall performance at the company.
Office depot compucom. Odp operating through its direct and indirect subsidiaries maintains a. Among the recent challenges. The odp corporation is a leading provider of business services products and digital workplace technology solutions to small medium and enterprise businesses.
Compucom s strategic takeover was the very initial step in the. They provide software and hardware help to more than 5 1 million users. In 2017 compucom was acquired by the odp corporation.
Office depot the odp corporation nasdaq odp formerly known as office depot inc acquired compucom in 2017. Compucom employs about 6 000 licensed technicians the largest workforce of its kind in north america office depot said. Utilize our custom online printing and it services for small.
The company posted third quarter total sales of 2 62 billion compared to 2 84 billion in year before period. Customer focus commitment and caring are core components of the office depot and compucom corporate culture and diversity strategy. From basic office supplies such as printer paper and labels to office equipment like file cabinets and stylish office furniture office depot and officemax have the office products you need to get the job done maintain a well stocked office breakroom save on printer ink and toner to keep your office efficient and productive.
Through its banner brands office depot officemax compucom and grand toy the company offers its customers the tools and resources they need to focus on their passion of starting growing and running their business. Poke around that document and it sounds like most of the office depot job cuts will involve retail stores and distribution facilities rather than compucom and related it services efforts. Office depot acquired compucom for 1 billion or roughly 10x annual ebitda in 2017 to offer it solutions consulting and managed it services to smb customers.
Office depot has completed its acquisition of compucom systems an information technology services provider. Office depot compucom business challenges. Compucom parent office depot plans 13 100 layoffs as part of a company restructuring that more greatly emphasizes b2b solutions and it services according to an sec filing.