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  1. Technology
August 8, 1988

SEAGATE CUTS 100, FACES SUITS

By CBR Staff Writer

Seagate Technology Inc, Scotts Valley, California, has laid off 90 to 100 employees as part of its need to curb excess production. It also faces two shareholder lawsuits over bullish statements it made between October 13, 1987 and July 20, 1988.

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