Thursday, January 15, 2009

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Seagate Layoffs Grow From 800 to 3,000 [Update]

Seagate, a leading hard-drive maker, will conduct a far more drastic round of layoffs than the company had indicated earlier this week.

Close to 3,000 people, or 6 percent of Seagate’s global workforce, will lose their jobs in the next couple of months, the company said today in a regulatory filing. On Monday, Seagate revealed plans to lay off about 10 percent of its United States workforce, or close to 800 people, has now expanded those plans to include the broader layoffs which affect its workers across the globe.

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