Seagate Technology
was falling Wednesday immediately after the business announced it was laying off about 3,000 workers and issued a disappointing outlook for its fiscal 2nd quarter as need deteriorates and high fees continue on to pinch.
The details-storage enterprise said Wednesday in its fiscal initially-quarter earnings report that its board permitted a restructuring approach with the intention of reducing charges. The strategy contains lessening of the company’s international workforce by about 8%.
Seagate Technology
was falling Wednesday immediately after the business announced it was laying off about 3,000 workers and issued a disappointing outlook for its fiscal 2nd quarter as need deteriorates and high fees continue on to pinch.
The details-storage enterprise said Wednesday in its fiscal initially-quarter earnings report that its board permitted a restructuring approach with the intention of reducing charges. The strategy contains lessening of the company’s international workforce by about 8%.
