01.03.2013 15:50 Uhr, Quelle: MacNN

Logitech to cull 140 employees under cost cutting measures

Peripheral manufacturer Logitech is looking to lay off five percent of its workforce over the next year, as part of a cost-savings exercise. The savings, expected to total between $16 and $18 million in its 2014 fiscal year, will come partly from the loss of 140 jobs, and will be in addition to $80 million in annual operating cost savings from the company's April 2012 restructuring.

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