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.
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