The Register® — Biting the hand that feeds IT

Storage vendors and the Recession

Full Coverage

Storage suppliers have cut revenue forecasts, trimmed operational costs, laid-off staff, restructured and announce slosses as the deepening recession hits customer budgets. Here are some tales of woe from the current earnings season.

NetApp restructures after $75m loss

NetApp is the latest storage supplier finding growth coming to a juddering halt as customers drastically trim their spending.

Toshiba plays sugar daddy to SanDisk

Fab financial footwork for flash

Financial News 30 Jan 16:23

Samsung posts first-ever quarterly loss

22bn won gone down memory drain

Financial News 24 Jan 00:28

Symantec braces for economic downturn

Precautionary $7bn hit helps boost share price

Financial News 29 Jan 12:09

Fujitsu sells out to Toshiba

No job loss shock

Storage 29 Jan 05:49

Storage vendor Overland on the ropes

Deepening recession forces staff and pay cuts

Storage 16 Jan 13:09

Overland makes snap CEO switch

A change is as good as... well, change is good

Storage 28 Jan 16:33

NetApp lays off staff

Six per cent to go

Rackable stomached $31.3m loss in 2008

Mystery customers cut cord

NetApp boss flying high on Phenom?

500 employees get pink slips. He gets a new jet

Odds and Sods 11 Feb 17:55

Outgoing Seagate CEO: Bill's big bill

Failure has its own rewards

Storage 9 Feb 11:01

NetApp kills off StoreVault

People getting angry

Storage 2 Feb 13:07

So when did the knives come out at Seagate?

Comment To lose one C-level exec may be regarded as a misfortune...

Storage 16 Jan 16:28

Optical delusion: Plasmon's ignominious end

AST snaps up the pieces

Storage 16 Jan 09:40

Seagate replaces CEO

Updated Watkins out, chairman Luczo takes over

Storage 12 Jan 14:16

Seagate to slash up to 10 per cent of staff

Heads on platters

Storage 12 Jan 10:25

Where will EMC's restructuring axe fall?

Comment Content Management and Archiving is sick

Storage 8 Jan 14:37

Western Digital hits the buffers

2,500 face the axe

Storage 17 Dec 15:06

NetApp closes down a replication product line

Haifa development centre jobs under threat

Storage 15 Dec 11:01

Seagate abruptly lowers Q4 2008 revenue forecast

Twenty days and half a billion dollars gone

Storage 10 Dec 14:11

Fujitsu looking to sell hard drive unit

Sale is on again

Storage 9 Dec 10:59

Don’t Miss