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Print 15 comment(s) - last by TakinYourPoint.. on Mar 5 at 2:25 AM

That's about 140 employees

Logitech's new CEO has clearly been busy, as a new company-wide reorganization plan has been laid out -- and it includes a number of layoffs.

Logitech plans to lay off 5 percent of its worldwide workforce, which is about 140 employees. This decision will give the company a charge of $12 million to $14 million in the fourth quarter of the 2013 fiscal year.

By doing this, Logitech hopes to place more focus on its key businesses, including PC accessories and mobile products. Logitech, like most tech companies, is realizing that the PC market is slowing substantially in favor of mobile devices like smartphones and tablets. Hence, moving along with this trend will help it during its troubling times.

“As we align the organization with our strategy to become a faster, more profitable company, we have also created opportunities to become more focused, improve operational effectiveness and even deliver additional cost savings that will contribute to improved profitability,” said Bracken P. Darrell, Logitech president and chief executive officer. “These actions support our goals to develop outstanding mobility- and PC-related products, streamline our cost structure and achieve faster times to market.”

Logitech is undoubtedly in a bit of a slump after posting an operating loss of $180 million on sales of $615 million during the fiscal third quarter.

Source: Logitech



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RE: Sorry to Hear Logitech is Losing Money
By hughlle on 3/3/2013 4:42:18 PM , Rating: 2
While I can't comment on competitors, I can comment on logitechs quality issues. While my pair of dinovo edge keyboards are truly fantastic as is the dinovo mini, as is known, they suffer from chronic connectivity issues, but I bought myself and then a friend a G5, both were use less within a year due to their cable issues, I then bought a g7 as a replacement and within a year it too was useless with double clicking. A year after purchase I should not have to resolve to opening up my mouse and taking a Stanley knife to the components so that they function correctly.

That said, I will continue to buy Logitech, I like them as a company and love what they make, but they really have to spend more time looking into the longevity of their products.


RE: Sorry to Hear Logitech is Losing Money
By Jedi2155 on 3/4/2013 8:14:40 AM , Rating: 2
I am still using all my Logitech products to replace various other ones over the years and none have yet broken down:

Logitech MX518 - 2005 to Present (8 hours usage daily)
Logitech G9 - 2009 to Present (Home then Laptop mouse)
Logitech G500 - 2010 to Present (Primary Home Mouse)
Logitech G15 - 2005 to Present
Logitech G19 - 2010 to Present

No reliability issues in any of the keyboards or mice which includes various cheaper ones I've had since before 2005.


By hughlle on 3/4/2013 9:13:09 AM , Rating: 2
Some products may be fine, but my point was that there are products that are known to be inherently poor in terms of quality.

Ebay used to list replacement cables for the G5 as it was widely known that the braided cable was prone to breaking where it connects to the mouse, and again, the G7 that i mentioned, there are not tutorials online detailing how to repair the double click issues because it was a one off fault. Nor is the connectivity issues of the Edge a one off issue, it is widely experienced.

Logitech make some great products, and they make some great products with major design faults. I have a handful of logitech mice and keyboards that have worked flawlessly since i bought them in maybe 2002/3. But i bought a second dinovo edge 2 months ago, new, and for the price paid i should not have to sit with the word "design" *written above( half finnished while i wait 5 seconds for my keyboard to reconnect to the bluetooth dongle. This is a widely accepted issue, and should not be present in a £120 keyboard.


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