Comment on Struggling Logitech Bites Bullet, Lays Off 450Comments−malandrew14y450 people will result in a savings of $80 million per year? That an average savings of $177k per employee. Even with all the extra costs of employment beyond salary, like benefits and administrative overhead, that sounds like a pretty high average.−troygoode14ymaybe they were able to shut down an office or two? I don't know... $80 million does seem strangely high−janesvilleseo14yI wonder if this includes any form of severance?
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450 people will result in a savings of $80 million per year? That an average savings of $177k per employee. Even with all the extra costs of employment beyond salary, like benefits and administrative overhead, that sounds like a pretty high average.
maybe they were able to shut down an office or two? I don't know... $80 million does seem strangely high
I wonder if this includes any form of severance?