What does this really mean?
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It shows Fujifilm never cared about it. Only profit. Fujifilm doesn't care about their employees at all. The writing is on the wall it's a sinking ship.
@OP this is two years in the making since Fuji xerox was in California. The darker side of Fujifilm spinning off its Business Innovation division is that the move is not about unlocking hidden value & more about separating a mature, slower-growth business from the higher-growth parts of Fujifilm. As a standalone public company, BI will face greater pressure to improve margins, cut costs, restructure operations, and generate shareholder returns, which will lead to continued layoffs and other aggressive cost reductions. Fujifilm gets to reduce its financial exposure while retaining a minority stake and allowing BI to continue using the Fujifilm brand. If BI performs poorly, Fujifilm will continue to distance itself financially while still benefiting if the company succeeds which it won’t. There is also a possibility that, once publicly traded, BI could eventually become a target for activist investors, private equity, or a larger competitor, there was a breakdown in a merger with Konica earlier this year so now this is the only viable option. Fuji sees BI as a mature business that no longer fits its long-term strategy unlike the semi conductor and healthcare businesses.