Logic is sharply cutting the number of employees. In the Netherlands and Belgium lwa disappear next year, hundreds of jobs; worldwide, the company plans 1300 jobs eliminated. Also the company sells half of its office space.
In addition, the company half of its office space in the Netherlands and Belgium repulsion. The British company is struggling with falling revenue, although the sales this year are likely to be 3 percent grows. The company expects this year to be between 240 million and 250 million pounds profit, but is run in the Benelux with a loss. That should be in 2012 to change by the restructuring, thinks the company. Incidentally, there was a reorganization coming, but this is now accelerated. Logic was not reachable for further comment.