News

Logitech feeling the economic downturn, cutting 15% of their workforce

Posted by: Chuck at 1/6/2009 9:41 AM
It looks like Logitech is feeling the economic turbulence as much as everyone else as they announced today that they are laying off 15% of their workforce and eliminating financial targets (which is a fancy way of saying they are not going to forecast demand/sales of their products for the immediate future).  John and I are big fans of their hardware (I haven't used a non-Logitech mouse in over six years) and hopefully they can pull it out.  John is going to be meeting with them at CES later this week so be sure to check back later this week for his impressions of their new hardware.