HALISTER: Seagate Cutting 14% of Jobs, Sees Pretax Charges About $164m

Seagate Cutting 14% of Jobs, Sees Pretax Charges About $164m

(Bloomberg) -- Seagate cutting about 6,500 jobs.
  • 4Q prelim. rev. $2.65b, saw $2.3b, est. $2.34b
  • NOTE: June 29, Seagate Technology Plans to Cut 1,600 Jobs Amid PC Slump (Link)
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
STX US (Seagate Technology PLC)

To de-activate this alert, click here

UUID: 7947283