this post was submitted on 07 Aug 2024
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Yeah they don't have any plans now. After getting shouted at by everyone.
This is just a symptom of the corporate insanity that believes that every year you must make more money than the previous year and simply making a large amount of money isn't acceptable unless it's going upwards.
It's Logitech, they make keyboards and mice they're not high value items. There's no innovating that needs to happen here. I'm sure companies that manufacture staples, drawing pins, and paper clips could give them some pointers in calming down and just existing.
They never really did, it was a talking point brought up initially by the interviewer and they guided the CEO into responding to it so that they could have some clickbait headlines. CEO should have known better than to engage and they sure learned that lesson, they're not going to be talking to that outlet again, but it's really just shitty interviewing that created this entire news cycle.
The transcript is below. It looks like the CEO definitely had it in mind and was hesitant to say it directly. The interviewer did a good job of getting them to admit it.