For four consecutive quarters, sales of hard disk drives brand Seagate reduced, and in the desktop segment, this trend lasts longer by almost half. Laptops also did not provide sufficient dynamics to counter this trend, and only the sale of hard drives in the corporate sector are growing, although their share in the structure of Seagate sales does not exceed a few dozen percent. Previously it was thought that the drop in demand for client devices with hard disks can, to some extent, compensate for the increase in sales of drives for the cloud storage and servers.
While the structure of demand varies, Seagate should look for ways to optimize costs and savings. As reports Reuters, the manufacturer in the framework of the planned restructuring will reduce headcount by approximately two percent. Although on a relative scale this value does not seem so significant. Together with other optimizations, downsizing will allow Seagate to save up to $ 113 million Annually. The restructuring should be completed by the end of the calendar year. Related Products :
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