Search results
Mar 29, 2023 · Investing.com -- Data storage firm Seagate Technology PLC (NASDAQ:STX) has announced plans to reduce its workforce by an additional 480 employees, adding to a prior round of layoffs. The hard ...
Oct 26, 2022 · Hard drive maker Seagate Technology said Wednesday it plans to cut 8% of its global workforce, or about 3,000 employees, citing economic uncertainty and declining demand for its parts. "In ...
Oct 26, 2022 · Seagate has poor quarter, will cut 3,000 jobs and production of HDDs. ... or approximately 3,000 employees. The plan will be completed by the end of Q2 FY2023, will cost from $60 million to $70 ...
Technology. Earnings Report; Seagate to Slash 3,000 Workers. It’s Trimming Costs as Demand Slows. By Angela Palumbo. Updated Oct 26, 2022, 9:52 am EDT / Original Oct 26, 2022, 9:09 am EDT ...
- Angela Palumbo
Oct 26, 2022 · by Duncan Riley. Seagate Technology Holdings PLC, the world’s largest maker of hard drives, today announced it’s laying off 8% of its workforce, about 3,000 employees, amid economic ...
Oct 26, 2022 · Seagate Technology and Cybereason are the latest businesses operating in the channel to announce layoffs amid continuing economic headwinds. Seagate announced layoffs impacting 3,000 workers, or 8% of its worldwide workforce. And Cybereason has cut 200 workers, or 17% of its workforce. During its quarterly earnings announcement on Wednesday ...
People also ask
Why is Seagate laying off 8% of its employees?
Why did Seagate cut 8% of its workforce?
Is Seagate Technology reducing its workforce?
Who are Seagate Technology and Cybereason?
Oct 27, 2022 · Seagate cuts. The layoffs come as part of wider plans at the firm to cut costs. ... Retail Systems, and National Technology News and is an experienced podcast and webinar host, as well as an avid ...
