We now need to simplify the organization through restructuring.

ENGADGET: Logitech president celebrates end-of-year earnings with management cull

The company expects to benefit from a stronger product portfolio, the simplification of the organization and processes, and cost savings from the restructuring, resulting in improved financial performance in the second half of Fiscal 2013.

ENGADGET: Logitech president celebrates end-of-year earnings with management cull

Additionally, this restructuring helps us reduce costs and streamline the organization as a continuation of the activities we began earlier this year.

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In retrospect, HPs move into services with stable large corporate accounts was timely when the other division sales weakened, and its restructuring in the mid-2000s made it a much more leaner and more focused organization.

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Cisco is restructuring its operations in order to cut costs in areas that are not its core focus, making the organization leaner and more efficient.

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