In Seagates will be massive layoffs

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POSTER: computer news   ||   IN SEAGATES WILL BE MASSIVE LAYOFFS	DATE:2016-07-14
Month ago, Seagate announced the launch of a business restructuring program, according to which it  was going to fire until September 1600, or 3% of the state.Hang on such unpopular measures forced quarterly losses for the first time obtained in many years of work. A few days ago, this figure has been changed in the direction of increasing. And changed very seriously ! Now Seagate going in the next 12 months to reduce as much as 14% of the workforce, or 6,400 people. During this period, it will allow companies to save up to $ 164 million. Reductions due to the fact that the hard disks market is rapidly shrinking . So, for the first quarter of the current calendar year and  Seagate, and Western Digital for the year reduced the quarterly HDD shipments volumes by about 20%. Each of the Company for the quarter now has to deliver approximately 20 million drive less than before. This means that the line must be stopped, and they will never earn at full capacity. In such circumstances, workers are simply not needed. Western Digital Company successfully conducted the transaction for the acquisition of SanDisk and can be more or less easy to go through a crisis, but the case of Seagate is significantly worse. A full report on the work in the second quarter of 2016 calendar year, the company will release on 2 August. While the company reported on the preliminary results of the reporting quarter. The amount of revenue was more than expected to $ 2.65 billion. 37 million hard drives shipped to the market. The average volume is 1.7 TB drive, and the average price is $ 67.   Related Products :

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