Seagate To Cut 3,000 Jobs, Faces Charge of Violating Sanctions (Slashdot)

Slashdot
Seagate To Cut 3,000 Jobs, Faces Charge of Violating Sanctions – Seagate, the biggest maker of computer hard drives, said its eliminating about 3,000 jobs and that big buyers of technology are cutting orders on concerns the economy is worsening. From a report: Global economic uncertainties and broad-based customer inventory corrections worsened in the latter stages of the September quarter, and …

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