Troubled Logitech (LOGI +0.4%) announces a fresh restructuring. 140 jobs are being cut, and the...

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

Troubled Logitech (LOGI +0.4%) announces a fresh restructuring. 140 jobs are being cut, and the company hopes to achieve $16M-$18M in FY14 (ends March '14) savings. Logitech, whose PC and home electronics accessory sales are plunging (iPad keyboards/covers are its one saving grace), announced 450 job cuts last June.