Plantronics laying off 18 percent, writing down goodwil(1)
Plantronics, the Santa Cruz maker of headsets said last week that it plans to cut 18 percent of its workforce, or about 900 jobs, “effective immediately”, the same day that it warned that its sales for its fiscal 2009 third quarter would be about $184 million, lower than the guidance range it had previously given of $205-$220 million.
The company blamed the shortfall on Read the rest of this entry »
Subscribe via RSS all feeds