Struggling Logitech Bites Bullet, Lays Off 450
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Struggling Logitech Bites Bullet, Lays Off 450
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Re: Struggling Logitech Bites Bullet, Lays Off 450
#2I'm curious if the peripheral market as a whole is shrinking, with netbooks, smartphones and ipad-type devices being more prolific for daily computing? Are people less willing to but money into a better mouse for the home pc since they simply aren't using very often anymore?
It is a shame though, Logitech has made some of my favorite peripherals over the years. I wonder if they should have pivoted towards accessories for mobile devices a few years back?
Re: Struggling Logitech Bites Bullet, Lays Off 450
#3450 people will result in a savings of $80 million per year? That an average savings of $177k per employee. Even with all the extra costs of employment beyond salary, like benefits and administrative overhead, that sounds like a pretty high average.
Re: Struggling Logitech Bites Bullet, Lays Off 450
#4450 people will result in a savings of $80 million per year? That an average savings of $177k per employee. Even with all the extra costs of employment beyond salary, like benefits and administrative overhead, that sounds like a pretty high average.
I wonder if this includes any form of severance?
Re: Struggling Logitech Bites Bullet, Lays Off 450
#5450 people will result in a savings of $80 million per year? That an average savings of $177k per employee. Even with all the extra costs of employment beyond salary, like benefits and administrative overhead, that sounds like a pretty high average.
maybe they were able to shut down an office or two? I don't know... $80 million does seem strangely high