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malandrew
on June 9, 2012
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Struggling Logitech Bites Bullet, Lays Off 450
450 people will result in a savings of $80 million per year? That an average savings of $177k per employee. Even with all the extra costs of employment beyond salary, like benefits and administrative overhead, that sounds like a pretty high average.
troygoode
on June 10, 2012
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maybe they were able to shut down an office or two? I don't know... $80 million does seem strangely high
janesvilleseo
on June 9, 2012
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I wonder if this includes any form of severance?
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