Logitech (LOGI) is laying off 450 people, or 13% of its "non-direct-labor workforce," as part of...

|About: Logitech International S.A. (LOGI)|By:, SA News Editor

Logitech (LOGI) is laying off 450 people, or 13% of its "non-direct-labor workforce," as part of its previously-announced restructuring. Starting in FY14, the restructuring should save the company an annual $80M in operating costs.