Another big company struggling with economy : Logitech

[Galvatron]

I just heard Logitech is cutting out 15% of all employees. They are laying off 1500 of there 9000 employees.

 

[leishan]

Few companies are coming out of this financial mess unscathed.

 

[UltraNEO*]

Few companies are coming out of this financial mess unscathed.

I wonder does greedy, poor management have anything to do with it?
or is it just bad economy?

 

[sushi]

Companies learned from prior situations similar to this.

Cut early. Cut quick. Don't delay.

Unfortunately, this hurts all concerned but can save the company.

 

[UltraNEO*]

Companies learned from prior situations similar to this.

Cut early. Cut quick. Don't delay.

Unfortunately, this hurts all concerned but can save the company.

Obviously that wasn't enough for Nova!!

 

[leishan]

I wonder does greedy, poor management have anything to do with it?
or is it just bad economy?

I would say that greed has a lot to do with it.

 

[sikkinixx]

Well they got some of my money lately, I'm helping them out. Best keyboard and mouse I have used.

 

[iAthena]

I just purchased a mouse from them. Hope it helped.

 

[Arcadie]

Well they got some of my money lately, I'm helping them out. Best keyboard and mouse I have used.

I think that is their problem...

In a bad economy, who needs a new mouse when all computers come with decent keyboards and laser mice nowadays anyway? its not like a fe years ago when you bought a new computer and it came with a crappy keyboard and a rollerball mouse...