Logitech Laying Off 5 Percent of Global Workforce, Focusing on Mobile
March 1, 2013 6:46 PM
comment(s) - last by
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
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.
This article is over a month old, voting and posting comments is disabled
3/5/2013 2:25:49 AM
Membrane keys are rated to only 1-5 million keypresses. Mechanical switches are rated to over 50 million keypresses. There are IBM model M keyboards from the early 90s still in use.
There is no comparison when we're talking about longevity. My own Steelseries and Leopolds are also heavy tanks, you could smash my old G15 with either.
You getting a keyboard with Cherry MX red switches seems to have been a mistake, those are SUPER sensitive. Black or clears may suit you better, or even a Unicomp with the old school buckling springs. The second mistake was getting a Corsair when Leopolds, Rosewills, and Filcos are also available for around the same price.
Either way, blame the switch selection, not the technology. There are mechanical switches that suit anyone.
You are correct that it does come down to personal preference, but I know that I couldn't go back after only a month with a mechanical keyboard. I can't stand using membrane keyboards.
Back on topic, Logitech charging as much as they do for a membrane keyboard when you can get a much more durable, longer lasting, and better feeling mechanical for around the same price seems silly.
"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA
Logitech Unveils Washable Keyboard K310 for Messy Folk
August 22, 2012, 9:14 AM
Quick Note: Special 20th Anniversary PlayStation 4 Raises $128,000 for Charity
January 26, 2015, 4:14 PM
Microsoft to Close Nokia Store, May Lose Over a Hundred Thousand Apps
January 26, 2015, 11:15 AM
BlackBerry CEO Claims Devs are Violating Net Neutrality by Not Supporting BB10
January 22, 2015, 4:37 PM
Will Google Become America's Fifth Major Carrier?
January 22, 2015, 12:42 PM
Report: Samsung Drops Snapdragon 810 From Galaxy S6, Will Use Its Own Chips
January 21, 2015, 1:47 PM
Report: Windows 10 Preview to Expand to Mobile Devices in February
January 20, 2015, 2:24 PM
Most Popular Articles
Microsoft Shows Off Latest Windows 10 Build, Preps it for Next Week Release
January 21, 2015, 2:57 PM
Under the Hood: How DirectX 11.3 and 12 Will Supercharge Windows 10 Gaming
January 23, 2015, 12:34 PM
IDC: 2014 Sales Show PC Isn't Dead, But Desktop May be Dying
January 19, 2015, 1:50 PM
Police are Using New Handheld Radar Sensors to Peer Into Houses w/out Warrant
January 20, 2015, 1:35 PM
Report: HTC One M9 (2015) is Tied to Under Armour-Powered HTC Smartwatch
January 19, 2015, 11:10 AM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information