Logitech lays off 300 employees as computer accessories sales drop

Swiss technology firm Logitech has laid off 300 employees amid the challenging global macro-economic environment, the media reported on Thursday. In a major global reorganisation, the maker of computer accessories has decided to cut about 300 jobs, reports People Matters. According to Logitech President and CEO Bracken Darrell, the slump in the business was due to challenging global broader macroeconomic environment and "lower enterprise and consumer spending". https://ift.tt/6xMg92h