Two months after agreeing to be acquired by a private equity firm, communications software firm LogMeIn Inc. told the Business Journal that it’s cutting around 300 workers, including 64 in its Boston headquarters.
Craig VerColen, vice president of corporate communications, said in an email that the cuts affect about 8% of the company’s workforce. That number translated to about 318 people, based on the headcount of 3,974 full-time employees that the Boston-based company (Nasdaq: LOGM) disclosed in a public filing it had as of December last year.
He said 64 of the company’s nearly 800 Boston-based employees were impacted. All impacted employees were notified last week.
LogMeIn lays off more than 300 workers, including dozens in Boston
( Published on February 20, 2020 )