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S U B S C R I B E
Thursday, 26 April, 2012, 19:57
Logitech posts lackluster earnings
Vaud-based Logitech will restructure after posting lackluster results for last year.
The computer hardware manufacturer saw operating profits plunge 50 percent to 72 million francs.
Turnover was down 2 percent.
Logitech’s new CEO, Bracken Darrell, says restructuring aims to reduce operating costs by $80 million a year.
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