Garmin to Lay Off 141 workers or about 5.6%

No surprise that Garmin is turning to layoffs at its headquarters in Olathe KS to help out its financial situation, as the GPS market along with the rest of the country hits harder economic times. The KC Star is reporting the layoffs indicating that Garmin is getting its capacity and overhead in line with its business demand. Earlier this year, TomTom laid off 115, or 7% of its workforce, according to Twice.

Read More in: Garmin GPS News

Share this Article with others:

Related Articles:

• Garmin Zumo 665 - XM Traffic and XM Weather Overlays - Jan 05, 2010
• Garmin Voice Studio - Record your own GPS Voice Commands - Jan 05, 2010
• Garmin EcoRoute HD - Plug In, Save Gas - Jan 05, 2010

Came straight to this page? Visit GPS Lodge for all the latest news.