Seagate to cut 3,000 jobs in restructuring as demand slows
Seagate to cut 3,000 jobs in restructuring as demand slows
By Ian King | Bloomberg
Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said it’s cutting about 3,000 jobs in a restructuring plan aimed at reducing costs amid slowing demand and said big buyers of technology are cutting orders on concerns the economy is worsening.
“Global economic uncertainties and broad-based customer inventory corrections worsened in the latter…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.