Logitech just took to the wires to announce an "organizational alignment" that will closely focus on new "strategic priorities". This "alignment to the strategic priorities" will save Logitech approximately $16 to $18 million in operating expenses this year alone but requires a "workforce reduction". So, you know, "layoffs".
Source: http://feedproxy.google.com/~r/Techcrunch/~3/x2toLtaEjLo/
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