Yahoo Web Search

Search results

1. People also ask

   Why is Seagate laying off 8% of its employees?

   • 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 uncertainty and declining demand for its products.

   Seagate to cut 3,000 employees amid economic uncertainty and reduced

   siliconangle.com/2022/10/26/seagate-cut-3000-employees-amid-economic-uncertainty-reduced-demand/

   See all results for this question

   What happened to Seagate Technology Holdings plc?

   • Seagate Technology Holdings Plc this week expanded layoffs announced in the fall by 480 jobs and said a top executive is leaving. The Fremont data storage company said in a regulatory filing that Ravi Naik, general manager of its Lyve Cloud Storage Services, is leaving as of Monday as part of the new cost-cutting measures.

   Seagate exec Ravi Naik exits as Fremont company expands layoffs by 480

   www.bizjournals.com/sanjose/news/2023/03/31/seagate-exec-exits-as-it-expands-layoffs-by-480.html

   See all results for this question

   How much will Seagate layoffs cost?

   • Seagate Technology Holdings plc another round of layoffs which will affect about 1% of its total headcount or about 480 employees. The new restructuring is expected to be considerably completed by the end of the fourth-quarter fiscal 2023. This particular action will cost Seagate total pre-tax charges between $55 million and $65 million.

   Seagate (STX) Further Slashes Workforce to Boost Cost Savings

   www.nasdaq.com/articles/seagate-stx-further-slashes-workforce-to-boost-cost-savings

   See all results for this question

   Is Seagate Technology reducing its workforce?

   • By Scott Kanowsky 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.

   Seagate unveils further round of layoffs, citing economic uncertainty

   finance.yahoo.com/news/seagate-unveils-further-round-layoffs-110409911.html

   See all results for this question

2. finance.yahoo.com › news › seagate-unveils-furtherSeagate unveils further round of layoffs, citing economic ...

   finance.yahoo.com › news › seagate-unveils-further

   • Cached

   Mar 29, 2023 · Wed, Mar 29, 2023, 7:04 AM 1 min read. In this article: STX. By Scott Kanowsky. Investing.com -- Data storage firm Seagate Technology PLC (NASDAQ:STX) has announced plans to reduce its...

3. www.cnbc.com › 2022/10/26 › seagate-will-cut-3000Seagate will cut 3,000 employees in latest sign of major PC ...

   www.cnbc.com › 2022/10/26 › seagate-will-cut-3000

   • Cached

   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.

4. www.bizjournals.com › sanjose › newsSeagate exec Ravi Naik exits as Fremont company expands ...

   www.bizjournals.com › sanjose › news

   Mar 31, 2023 · Seagate Technology Holdings Plc this week expanded layoffs announced in the fall by 480 jobs and said a top executive is leaving. The Fremont data storage company said in a regulatory filing...

   • Author: Cromwell Schubarth
   • Occupation: Techflash Editor

   • Email: cschubarth@bizjournals.com
   • Works For: Silicon Valley Business Journal

5. www.channelfutures.com › channel-business › seagateSeagate Technology Layoffs Hit 3,000 Workers, Cybereason Cuts ...

   www.channelfutures.com › channel-business › seagate

   • Cached

   Oct 26, 2022 · Shutterstock. 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.

   • Author: Edward Gately

6. www.nasdaq.com › articles › seagate-stx-furtherSeagate (STX) Further Slashes Workforce to Boost Cost Savings

   www.nasdaq.com › articles › seagate-stx-further

   • Cached

   Mar 30, 2023 · Seagate Technology Holdings plc STX recently announced another round of layoffs which will affect about 1% of its total headcount or about 480 employees. The new restructuring is expected to...

7. www.tomshardware.com › news › seagate-to-layoff-3000Seagate to Cut 3,000 Jobs Amid Poor Quarter, Charges of ...

   www.tomshardware.com › news › seagate-to-layoff-3000

   • Cached

   Oct 26, 2022 · Seagate has poor quarter, will cut 3,000 jobs and production of HDDs. The company also faces charges from the U.S. Dept of Commerce for violating export bans to China.

8. siliconangle.com › 2022/10/26 › seagate-cut-3000Seagate to cut 3,000 employees amid economic uncertainty and ...

   siliconangle.com › 2022/10/26 › seagate-cut-3000

   • Cached

   Oct 26, 2022 · Analysts had been expecting revenue of $2.12 billion. Seagate becomes the latest tech company to announce significant layoffs amid a slide toward a global recession, 40-year high inflation...