Seagate Still Choppin’: To Cut Another 500 Jobs This Year

Tech Trader Daily
By Tiernan RayDec 11, 2017, 4:39 pm422 pts
Shares of hard-disk drive maker Seagate Technology (STX) are down 5 cents at $40.42, in late trading, after the company disclosed in an 8-K filing with the Securities & Exchange Commission after market close this afternoon that it will let go 500 employees by June of 2018 as part of a restructuring plan in…

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