Seagate layoffs coming?
Possible facility closures too
SaaS data loss: The problem you didn’t know you had
Seagate is focusing on cutting OPEX, and a financial analyst expects facility closures and/or headcount reductions over the coming months.
Wachovia's Aaron Rakers investors' research note says that Seagate is looking to trim operating expenses, with an OPEX/revenue ratio below 12 per cent being the aim.
The company hopes that its new 500GB 2.5-inch drives will increase its gross margin as the 250GB/platter area density allows it to sell a 250GB unit with one platter and dual heads instead of with two platters as it did before. Rakers expects a FreeAgent software refresh which, combined with the new 500GB drives, will strengthen Seagate's retail presence. He understands that Seagate expects Western Digital to have a 500GB 2.5-inch drive out in the fourth quarter of this year.
There are, Rakers writes, more than 100 Seagate engineers focussed on enterprise solid state drives with a product announcement expected in the second quarter of 2009. ®
COMMENTS
More info about layoffs
I'm hearing that the layoff numbers could be as high as 12% and that the company will be closing a Pittsburgh research and development center.
More info-
http://idiotinc.com/layoffs/seagate-layoffs-update/
Mean time between blah blah blah
Yeah we care if it goes bang, but in my own *humble* experience of 15 years in this game, I've never actually seen one go bang after the MTBF.
It would be nice if life was so easy as reading a manufacturers spec for something.
Paris still doesn't f*ck geeks...
@AC
Every IT professional should learn early in their career it costs far more to replace a defective hard drive for an external customer or internal user than it does to provide a more reliable HDD in the first place. And providing HDDs that often need replacing makes a organization look bad, it costs goodwill.
Knowledgeable IT professionals, experienced administrators, and reputable PC makers consider reliability paramount in selecting hard drives. That is why the customer rebellion against the reduction in warranties from 3 to 5 years down to 1 to 3 years succeeded. Reliability is just far too important in HDD purchasing.
I agree that everything fails sooner or later. Professionals consider the "mean time to between failures" as the measurement to consider.
The real problem is employers who consider one IT person as good as another. Experience is valuable.
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