Cupertino, California-based hard drive maker Seagate revealed in an SEC filing that it will slash 1,600 jobs by the end of Q3 2016, amounting to roughly 3 percent of its global workforce. The company noted that its plan will likely result in pre-tax charges of $62 million, which will be accounted for in its fourth-quarter results this year.
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Abhimanyu Ghoshal, The Next Web
Thu, 06/30/2016 - 12:43am
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