Wall Street Beat: IT faces tough start to 2009

09.01.2009
Due to a reporting error, the story "Wall Street Beat: IT faces tough start to 2009," posted Thursday, incorrectly reported the number and type of layoffs at Logitech. Logitech is laying off 15 percent of its 3,500 salaried employees.

The eighth paragraph of the story has been changed and now reads:

Logitech Tuesday said it will cut 15 percent of its 3,500 salaried workers as it expects weaker consumer demand for computer peripherals to continue.