Feeds

Seagate to lay off 6,000 workers

Headcount to be cut as company absorbs Maxtor

Security for virtualized datacentres

Seagate is now the proud owner of Maxtor, but it doesn't expect to have brought the two hard disk drive operations together until next year. In the meantime, it will rid itself of half of Maxtor's worldwide workforce of 12,000 employees.

The remainder will largely be made up of Maxtor's Asia-Pacific manufacturing workers, Seagate said. The layoffs are expected to be made throughout the next six months rather than all at once. Maxtor itself laid off 900 workers this year. Seagate will end up with a 51,000-strong workforce.

Seagate said it expects the integration of Maxtor operations into its own to be "substantially completed by early calendar 2007" - more than a year after the December 2005 announcement of its decision to by Maxtor. This time next year, the company expects to have upped earnings per share by 10-20 per cent as a result of the merger.

Seagate said it would continue to offer a "full range" of Maxtor products through retail channels, where its acquisition has a stronger brand than its own. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
iPAD-FONDLING fanboi sparks SECURITY ALERT at Sydney airport
Breaches screening rules cos Apple SCREEN ROOLZ, ok?
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
The British Museum plonks digital bricks on world of Minecraft
Institution confirms it's cool with joining the blocky universe
Turn OFF your phone or WE'LL ALL DI... live? Europe OKs mobes, tabs non-stop on flights
Airlines given green light to allow gate-to-gate jibber-jabber
Be your own Big Brother: Keeping an eye on Mum and Dad
All watched over by machines of loving grace
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.