Seagate Changes Distributor Relationships, Reduces WorkforceBy eChannelLine | Posted 2009-05-26 Email Print
Seagate reduced its workforce by approximately 1,100 people across various job functions as it struggles to find its way in this stubborn recession.The poor economy has pushed Seagate Technology to "right size" its expense levels, which has resulted in a reduced workforce and changes to its distribution relationships.
According to Forrest W. Monroy, a Seagate spokesperson, Seagate reduced its workforce by approximately 1,100 people across various job functions.
"This included some individuals in sales and marketing, and some of our 'pull through field sales organization in the U.S. channel. However, we continue to maintain a very strong and extremely talented team, focused on our most critical business segments that are served through the channel," Monroy said in a statement when asked about the layoffs of the channel team.