View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 28, 1988


By CBR Staff Writer

Another 980 employees, 800 of them permanent, in Singapore, 180 temporaries in Watsonville, California, are to go from Seagate Technology Inc’s 27,000 worldwide workforce as the Scotts Valley company struggles to recover from the excess inventory problems that hit it during the summer. The company’s measures to bring output down to the level of demand meant that it produced 1.3m disk drives in its fiscal first quarter, down from 2m in the June quarter. Seagate’s problems are in part put down to its tardiness in switching to 3.5 from 5.25 disk drives, but its new 3.5 Winchesters are already the subject of an order from Apple Computer Inc for the Macintosh SE, and a major order from IBM is expected any day now.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.