Posts Tagged ‘Seagate’

Scotts Valley-based Seagate Technology announced Wednesday that it will lay off approximately 1,100 members of its global workforce as part of a restructuring for the hard-disk manufacturer.

This is the second heavy-duty round of layoffs this year. In January, the company trimmed 2,950 employees including CEO Bill Watkins and announced that more layoffs were likely to follow. (PressBanner)

Seagate Technology, the Cayman Islands disk drive maker that operates out of Scotts Valley, today announced that it is terminating five senior vice-presidents and 17 vice-president-level employees, which represent about 20 percent of Seagate’s vice-president-and-above-level positions.(Silicon Beat)