Submit a Story!
Western Digital to lay off 2,500, close plants
Storage company Western Digital today joined the ranks of companies scaling back their workforces, announcing a cost restructuring that will involve a worldwide headcount reduction and closure of manufacturing facilities.
Western Digital Caviar Black 1TB SATA Hard Drive Review
Western Digital Caviar Black 1TB SATA Hard Drive Review
thinkcomputers.org — The cost of hard drive storage keeps getting cheaper and cheaper, while the capacity getting larger and... larger. A year ago, 1TB drives were several hundred dollars. Now, they're only a few tens of dollars more than their 750 GB and 500 GB brethren. ... (more) Western Digital Caviar Black 1TB SATA Hard Drive Review
Comments
Blog Reactions

Western Digital to lay off 2,500, close plants
DriverHeaven.net — ... facilities. "We expect demand weakness to last well into the middle of the 2009 calendar year," John Coyne, president and CEO of WD said in a prepared statement. The company has seen increasingly competitive pricing from the likes of Hitachi and Seagate coupled with a decreased demand for hard drives overall. The projected revenue ceiling for the December quarter has dropped from $2.15 billion down to $1.8 billion. ____________ Source: Betanews ...

Western Digital announces job cuts
bit-tech.net News Feed — Western Digital has announced plans to reduce headcount worldwide as well as the closure of some of its manufacturing facilities. John Coyne, chief executive officer of the hard drive manufacturer, has been quoted by BetaNews as saying that he expects the poor demand for storage products “ to last well into the middle of the 2009 calendar year, ” and has advised a new projected revenue for Q4 2008 at $1.8 billion – a significant drop from the $2.15 billion the company had previously forecast for that period. Coyne goes on to say that the company will be “ taking additional ...

Related: western digital headcount
Western Digital sheds 2,500 jobsMadshrimps News RSS Feed
WDC 12.25, -0.25, -2.0%) said Wednesday it is laying off about 2,500 workers and is cutting its outlook for the fiscal second quarter. The tech storage company said it will reduce its worldwide headcount by approximately 5% of its total workforce. It also now expects revenue for the December ...