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Technology / AI and automation

DRI TO CUT 150 DISK DRIVE JOBS

The unwinding of its United Peripherals disk drive manufacturing joint venture with Control Data Corp has taken longer and proved more than a drain than DRI Holdings Ltd expected, and the company still hasn’t replaced all the business that it lost when the agreement was terminated. As a result, it needs to close its Staines, Middlesex factory at a cost of 100 jobs, and consolidate all peripherals manufacturing and manufacturing support at its Winsford, Cheshire plant – and even at Winsford, 50 jobs must go. The prolonged hiatus has caused the company to postpone its plans to go public, a move that was originally planned for the end of 1985.

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CBR Staff Writer

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