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.
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Posted by Scott Martin at March 10, 2009 6:36 AM
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