Version: 2008

Comments on: Seagate lays off 1,100 employees

Hard-drive maker lays off 1,100 employees, or 2.5 percent of its global workforce in an effort to save $120 million annually.

Add a Comment (Log in or register) (3 Comments)
  • prev
  • 1
  • next
by brianwolters May 13, 2009 6:44 PM PDT
I wonder if Xiotech is hit by this...
Reply to this comment
by globalist_agenda May 14, 2009 10:02 AM PDT
Let me see. Companies like Seagate fire people, who then go on unemployment. Tax revenue goes down, government expenses go up. This necessitates higher taxes on companies like Seagate to make up the difference. That causes Seagate to lay off even more people to save money. It's truly a virtuous circle. It's a win-win!
Reply to this comment
by fdunn3 May 14, 2009 5:58 PM PDT
If Seagate would start producing reliable drives again as their original ES NearLine drive were then this wouldn't be happening.

At least 50% of Seagates Barracuda ES.2 Nearline "enterprise drives" fail within 6 months and then the vicious cycle of RMA'ing and getting a drive that is worse than the one you sent in begins.

Seagate has lost their edge except in the high-end enterprise SAS, SCSI and fibre drives.

I am a real Seagate Fan because I had been burned by WD too many times but now Seagates QC is non-existent.
Reply to this comment
(3 Comments)
  • prev
  • 1
  • next
advertisement

15 sites that went kaput in 2009

Web sites launch all the time, but they also shut their doors. We highlight 15 that bit the dust this year.

Top 10 news stories of the decade

Let the debate begin: Was the iPhone more important than iTunes? Was anything bigger than Google finding a great business model? CNET offers its list of the 10 most important stories of the '00s.

About Business Tech

Your destination for the latest news on enterprise-level information technology, from chip research and server design to software issues including programming, open source and patents.

Add this feed to your online news reader

Business Tech topics

advertisement
advertisement