FREMONT, Calif. (AP) - Logitech International SA (LOGI) (LOGI), a maker
of mice, webcams and other computer peripherals, said Monday it is
cutting its salaried work force by 15 percent in response to weak
consumer demand amid what it expects to be an extended global downturn.
--
Millwood
2 SB3
Also on The Register:
http://www.channelregister.co.uk/2009/01/06/logitech_job_cuts/
IMHO, I wouldn't worry too much (unless you work for LT...). All
industry sectors are being hit by the global downturn, but the
technology sector is bearing up better than most. These kinds of
reductions are to b
Worried about what? Although it no doubt sucks for the laid off workers,
it's probably a reasonable and even prudent response to the slowdown in
demand. Your bank, supermarket, automaker, public utility, and maybe
even your employer are probably also cutting jobs.
--
aubuti
Some of you may have noticed that a few months ago there was a job
posting for a senior software engineer on the slim devices website.
Shortly after the meltdown on wall street, this posting disappeared
from the website. I learned that they had entered a hiring freeze. As
things didn't improve
Sorry to stray off-topic, but things have gotten bad enough overall that
there are even new eupemisms for
sackings/layoffs/downsizing/redundancies/reductions-in-force/etc. Those
LT employees aren't being laid off, they're being "upgraded". From the
'Financial Times recent article on 'business twad
maggior;380010 Wrote:
> Some of you may have noticed that a few months ago there was a job
> posting for a senior software engineer on the slim devices website.
> Shortly after the meltdown on wall street, this posting disappeared
> from the website. I learned that they had entered a hiring fre
how was this movie subtitle
How I stopped worrying and learned to buy more Booms...
--
pippin
---
see iPeng at penguinlovesmusic.com
pippin's Profile: http://forums.slimdevices.com/member.php?userid=13777
View this threa
Millwood;379991 Wrote:
> FREMONT, Calif. (AP) - Logitech International SA (LOGI) (LOGI), a maker
> of mice, webcams and other computer peripherals, said Monday it is
> cutting its salaried work force by 15 percent in response to weak
> consumer demand amid what it expects to be an extended global
iPhone;380051 Wrote:
> I will get worried when I breeze though the register or don't see
> anybody else in the stores with full shopping carts. Or if I don't have
> to wait for a table and nobody else is eating or at the bar. Have I seen
> some restaurants close, I have and almost all were ones I
There is no need to worry.
Logitech is fully behind the Squeezebox products. The announced
restructuring will not change that.
Also that job was filled, so that's why it was taken down.
Mike
--
mvalera
Michael Valera
Online Communities Manager
Logitech Streaming Media Business Unit
slimdevi
We'll know it's serious at SD when a job opening for Web Monkey is
posted.
It could only mean that the old Web Monkey was "upgraded" to Trunk
Monkey...
--
4mula1
SqueezeCenter 7.3.1 + Solaris 10 x86: Because everything else would've
been easy!
'4mula1 on Last.fm' (http://www.last.fm/user/4mul
davidjames;380068 Wrote:
> You anecdotes are thoroughly trumped by the (un)employment data,
> financial reports, bankruptcies and outright closures of businesses
> across the country.
Precisely, I was perhaps equally amused by the comments.
For those with no access to print media, talk to someo
mvalera;380085 Wrote:
> There is no need to worry.
>
> Logitech is fully behind the Squeezebox products. The announced
> restructuring will not change that.
>
> Also that job was filled, so that's why it was taken down.
>
> Mike
Because 2009 is an earn-out/payout year for the SD acquisition b
aubuti;380702 Wrote:
> See http://forums.slimdevices.com/showthread.php?t=57742
Already merged, along with another thread.
--
Mark Lanctot
Current: SB2, Transporter, Boom (PQP3 - late beta)
Stored: Boom (PQP1 - early beta), SBC (beta - no battery)
Sold: SB3, Duet
iPhone;380051 Wrote:
> The more people talk about a down economy the closer and deeper it gets.
> Other then a few more foreclosure For Sale signs (98% of these were sold
> to people that should never have been given a loan in the first place,
> thanks to Acorn)...
Please get a grip. Acorn doesn
Goodsounds;380125 Wrote:
> Precisely, I was perhaps equally amused by the comments.
>
> For those with no access to print media, talk to someone who works in
> banking or finance, real estate, manufacturing, or consumer
> products,etc, to understand what is happening. Trying to find evidence
> i
iPhone;380051 Wrote:
> The more people talk about a down economy the closer and deeper it gets.
> Other then a few more foreclosure For Sale signs (98% of these were sold
> to people that should never have been given a loan in the first place,
> thanks to Acorn), I have seen no real indications o
For anyone worried about Logitech and the future of Squeezebox there is
a very simple solution. Purchase more Logitech and Squeezebox
products!
Note: I'm not a Logitech employee
I also sympathize with those who have lost their jobs. I've been there
before and will probably be there again.
-
Siduhe;380724 Wrote:
> I suspect there are a number of posters who are old enough to have
> worked through the 80-82 and 90-91 recessions and seen many of the same
> things.
Like me ;-)
Siduhe;380724 Wrote:
> Despite what I have heard commentators say in the print media recently,
> they were
Goodsounds;381159 Wrote:
> To me, the word "globalization" is more a political term than a
> financial one, and one usually with an intended negative connotation.
> For those who use it, I've never quite understood what their concerns
> are, what ills they seek to fix, and what alternatives are p
> I will get worried when I breeze though the register or don't see
> anybody else in the stores with full shopping carts. Or if I don't have
> to wait for a table and nobody else is eating or at the bar. Have I seen
> some restaurants close, I have and almost all were ones I never go to
> twice b
Siduhe-
(interesting name, whatever its origin),
I think our opinions differ, but that's ok. It's what makes
conversations interesting and worthwhile. I would offer the following
comments to yours:
-Some say that one reason for the unrest in some parts of the world,
and the embrace of fundamenta
Goodsounds;381364 Wrote:
> . and since we started on the economic downturn, let's hope all the
> bad news is out and that the good news is right around the corner.
There are some very serious hits still to come. This isn't over by a
long shot. Just one example: there is a BIG banking/mort
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