AM I NEXT? NO LOVE AT LOGITECH (06/13/23)

JUNE 13, 2023 — EMPLOYEES BEWARE

Chief Executive Officer and President Bracken Darrell is resigning from his role effective immediately and will be leaving the company.

Darrell will remain with the company over the coming month to facilitate the transition while a search for a replacement is conducted.

Look for layoffs as the new CEO attempts to prove their worth to the Board and Wall Street.

APRIL 4, 2023 — Original blog…

Newark, California-based Logitech, the Swiss multinational manufacturer of computer peripherals and software, has announced a major global re-organization leading to a reduction in force.

The personnel realignment will impact 300 employees.

According to Chief Executive Officer Bracken Darrell, while discussing quarterly performance noted, "These quarterly results reflect the current challenging macroeconomic conditions, including currency exchange rates and inflation, as well as lower enterprise and consumer spending."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?