Logitech International (SWX: LOGN)
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channelnews : BREAKING NEWS: Logitech Lays Off 300 As Market Gets Tough
A tough trading environment has seen Swiss accessories manufacturer Logitech move to lay off 300 people as the business moves to restructure their global operation. Last month, UBS downgraded the US-listed shares of Logitech International to neutral from buy. The analyst cited an incrementally tougher environment, less visibility, and heightened competition as reasons for the... Read More