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.
Symantec braces for economic downturn
Precautionary $7bn hit helps boost share price
Financial News 29 Jan 12:09
Storage vendor Overland on the ropes
Deepening recession forces staff and pay cuts
Storage 16 Jan 13:09
NetApp lays off staff
Rackable stomached $31.3m loss in 2008NetApp boss flying high on Phenom?
500 employees get pink slips. He gets a new jet
Odds and Sods 11 Feb 17:55
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
Where will EMC's restructuring axe fall?
Comment Content Management and Archiving is sick
Storage 8 Jan 14:37
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
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