Landa Digital Printing to lay off over 100 employees

[jwheeler]

Read the article here. I knew those nano-graphic presses were expensive...but I didn't know they were $3.5-4 million!! Definitely going to be a limited number of printers that can justify the cost and space involved with buying one of those!

Summary: Benny Landa's nano-graphic digital printing company is laying off over 20% of its workforce after a fall in sales.

 

[SlaveToTheMan]

Hate to see any down-sizing in our industry, and I've followed the progress of the Landa presses since the concept was announced years ago. I'd always hoped to end up in a shop with one as they look impressive, but not even sure how many installs they have to date. I'd imagine given the cost, as you mentioned, they're likely at conglomerate places like RRD or similar that feed them work from several locations to justify the price tag. Hope the workers affected get re-hired soon.

 

[ZeroDotGain]

Can confirm. It was a sad week this week for many colleagues and myself. Such is life!

Now, do I dust off and revise the resume, or swear off printing forever - and try to buy a little tiki bar somewhere in the Caribbean? lol

 

[gordo]

Now Landa is filing for court protection.

Landa files for court protection - Printweek

Landa Digital Printing has submitted a request to the court for a stay of proceedings after it said it had “encountered a cash flow crisis”.

www.printweek.com

 

[AP90]

Now Landa is filing for court protection.

Landa files for court protection - Printweek

Landa Digital Printing has submitted a request to the court for a stay of proceedings after it said it had “encountered a cash flow crisis”.

www.printweek.com

When the prices of these presses started coming out years ago I never thought it could be successful honestly. Sure it’s innovative and everything but at the price tag of these machines I think they’re more of a “show off piece” for the huge printers who have some cash burning a hole in their pocket. They’ll bring in potential clients and show off this amazing state of the art AI, etc press and how they’re one of 3 in the county who have one and blah blah blah. Meanwhile the Speedmaster’s, iGen’s and Indigo’s in the next door warehouse and producing the real work and chugging along like the workhorses they are.

 

[jwheeler]

Can confirm. It was a sad week this week for many colleagues and myself. Such is life!

Now, do I dust off and revise the resume, or swear off printing forever - and try to buy a little tiki bar somewhere in the Caribbean? lol

Sorry to hear that @ZeroDotGain ! I think the tiki bar sounds like the best idea!

 

[G5MacMan]

Sad, but prb not much of a surprise to people outside the company.
prb get purchased by HP (again!)