Date:07/01/2009 URL: http://www.thehindu.com/2009/01/07/stories/2009010754341800.htm

Business

Logitech cuts jobs, abandons targets

ZURICH: Logitech plans to cut some five per cent of its global workforce and abandoned its fiscal 2009 targets after consumers cut back on Christmas spending, the world’s largest computer mouse maker said on Tuesday.