Logitech today said it will cut 140 jobs—around 5 percent of its "non-direct" global workforce—in yet another company realignment that will see the firm refocus its efforts on mobility.
The firm said in a press release: "These priorities include increasing focus on mobility products, improving profitability in PC-related products and enhancing global operational efficiencies."
In doing so, it will help the company focus on shifting markets, notably the ever-growing uptake in mobility products, such as mobile keyboards and accessories for post-PC devices.
The company aims to save around $16-$18 million in operating expenses during the 2014 fiscal year. This adds to the $80 million savings in annual costs as a result of last year's restructuring.
In January, after a "disappointing" third quarter, the companyin order to focus on the more lucrative mobile device market.
Today's layoffs will see the company record a $12-$14 million charge in its fourth-quarter earnings expected in late April.