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Seagate will cut 6,500 staff despite uptick in hard disk demand


<!–Seagate will reduce 6,500 body of workers regardless of uptick in onerous disk demand A Hard disk force from Seagate</p> <p></span></p> <p> Credit Score:<span></p> <p> Seagate<br /> </span></p> </figcaption> </figure> <section class="deck"> <h2>The Corporate had mentioned in June that it could minimize 1,600 jobs, however as a substitute is laying off 14 p.c of its team of workers to reduce prices further <br /> </h2> </section> <div class="modal eml-friend-wrapper" id="emailModal"> <div class="eml-ty eml-friend-success"> <i class="ss-icon ss-delete" /></p> <h3>Thank You</h3> <p class="msg-sent">Your message has been sent.</p> </p></div> <div class="eml-friend-error"> <i class="ss-icon ss-delete" /></p> <h3>Sorry</h3> <p class="msg-sent">There was an error emailing this page.</p> </p></div> </div> <section class="bodee"> <p>$(‘#” + slotName + “‘).responsiveAd(screenSize:’971 1115’, scriptTags: []);if (Object.keys(IDG.GPT.companions).length > 0) IDG.GPT.refreshAd(‘” + slotName + “‘);”;<br /> var adDivString = “</p> <p>” + adString + “</p> <p>“;</p> <p> placementDiff = applyInsert($(this), adDivString);<br /> if (debug)<br /> console.log(“Just positioned an Ad and the placementDiff is: ” + placementDiff);</p> <p> placementTarget = cumulativeHeight + placementDiff + interModuleHeight + adHeightBuffer;</p> <p> else<br /> var moduleDivString = “”;<br /> var elementId = “drr-mod-“+moduleCounter;<br /> moduleDivString = “”;<br /> modules.push(elementId);</p> <p> placementDiff = applyInsert($(this), moduleDivString);<br /> if (debug)<br /> console.log(“Just positioned a module and the placementDiff is: ” + placementDiff);</p> <p> placementTarget = cumulativeHeight + placementDiff + interModuleHeight + moduleHeightBuffer;<br /> moduleCounter++;</p> <p> loopCounter++;</p> <p> // Avoid inserting Elements too soon because of non-Massive figures inflating the cumulative Top<br /> if ($(this).is(“Figure”) && !$(this).is(“Figure.Massive”))<br /> cumulativeHeight += grafHeight;</p> <p> else<br /> cumulativeHeight += $(this).Height() + grafHeight;</p> <p> );</p> <p> // clone Associated Tales module to return in after eighth para in article physique for Cell breakpoint show<br /> var $relatedStories = $(‘.Associated-promo-wrapper’);<br /> if ($relatedStories.length)<br /> var $relatedStoriesClone = $relatedStories.clone();<br /> $relatedStoriesClone.insertAfter( “#drr-container > p:eq(7)”); </p> <p> // For Mobile best, Situation Ad after 2d paragraph.<br /> if (firstMobileAdHtml)<br /> $(firstMobileAdHtml).insertAfter(“#drr-container > p:eq(1)”);</p> <p> var $insiderPromo = $(‘.insider-promo-wrapper’);<br /> if ($insiderPromo.size)<br /> var $insiderPromoClone = $insiderPromo.clone();<br /> $insiderPromoClone.insertAfter( “#drr-container > p:eq(1)”);</p> <p> //Place left aspect Part<br /> cumulativeHeight = 0;<br /> var leftPlacementTarget = tagHeight = leftPlacementTarget)<br /> if (debug)<br /> console.log(“congratulations… we have passed the preliminary Begin level”);</p> <p> if (leftPlacementIndex == null)<br /> //it can be No Longer just right enough to Not be a left Steer Clear Of – it also shouldn’t be a </p> <p> with an instantly previous small or medium image left Steer Clear Of.<br /> if (!isLeftAvoid($(this)) && noPrevFigures($(this)) )<br /> leftPlacementIndex = $(this).index();<br /> $leftPlacementElement = $(this);<br /> leftPlacementLookaheadStart = cumulativeHeight;<br /> if (debug)<br /> console.log(“is not a left Steer Clear Of and no prev figures. ########## set placementIndex (“+leftPlacementIndex+”) and lookaheadStart (“+leftPlacementLookaheadStart+”) ##########”);</p> <p> else<br /> if (debug)<br /> console.log(“is a left Keep Away From or has earlier figures. proceed”);</p> <p> else<br /> if (debug)<br /> console.log(“#### leftPlacementIndex already set to “+leftPlacementIndex+”. taking a look AHEAD…”);</p> <p> //Now Not null; has been set<br /> if ((cumulativeHeight – leftPlacementLookaheadStart) > leftIntervalHeight)<br /> if (debug)<br /> console.log(“###### THRESHOLD REACHED. LOOKAHEAD COMPLETE. End ###### (cumulativeHeight – leftPlacementLookaheadStart) (“+(cumulativeHeight-leftPlacementLookaheadStart)+”) > leftIntervalHeight (“+leftIntervalHeight+”).”);</p> <p> return false;<br /> else<br /> if (debug)<br /> );</p> <p> if (leftPlacementIndex != null && elementNotNearEnd($leftPlacementElement, leftPixelWindow))<br /> if (debug)<br /> console.log(” insert into index “+leftPlacementIndex);</p> <p> $(“#drr-container”).youngsters().eq(leftPlacementIndex).before(“</p> <p>“);</p> <p> IDG.GPT.trackOmniture();</p> <p> // Add Proper rail module content<br /> for (var i=Zero; i” + adString + “</section> </article> </section> </div> <p>“;</p> <p> perform getEpoParams() document.referrer.indexOf(“bing”) >= Zero)<br /> var classes = [3021, 3871, 3835];<br /> if (classes instanceof Array && categories.length > 0)<br /> var primaryCatId = categories[0];<br /> epoParams += “&catId=” + primaryCatId + “&referrer=search”;</p> <p> else<br /> epoParams += “&typeId=” + defaultTypeId + “&referrer=house”; // default is ‘house’ behavior</p> <p> // Default is to indicate like coming from homepage<br /> else </p> <p> epoParams += “&typeId=” + defaultTypeId + “&referrer=house”;<br /> // default is ‘dwelling’ behavior</p> <p> return epoParams;</p> <p> /**<br /> * @param jqo Unique jquery object Target<br /> * @param divString The div to be inserted.<br /> * @return Distinction in Peak between Original placement Goal and closing Target.<br /> * Assessments first 6 Components for an allowable placement (600 pixel window).<br /> * If none, Check neighborhood for Components that aren’t Right avoids.<br /> * If none, Location Component before current Goal.<br /> */<br /> operate applyInsert(jqo, divString)<br /> if (debug)<br /> console.log(“applyInsert at high and jqo index is: ” + jqo.index());</p> <p> for (var i=Zero; i Zero)<br /> children = $(“#drr-container”).youngsters().slice(jqo.index(), allowElement.index() );</p> <p> else<br /> youngsters = $(“#drr-container”).kids().slice(allowElement.index(), jqo.index());</p> <p> if (youngsters != null)<br /> youngsters.EVERY(function(i)<br /> if (debug)<br /> console.log(“About to add this Part’s Peak to heigh diff offset”);<br /> console.log($(this));</p> <p> Peak += $(this).Height() + grafHeight;<br /> );</p> <p> if (offset 300)<br /> if (debug)<br /> console.log(“isRightAvoid: discovered pre. return authentic”);</p> <p> return actual;</p> <p> if (jqo.is(“Figure”) && jqo.hasClass(‘Large’))<br /> if (debug)<br /> console.log(“isRightAvoid: found Determine.Massive return genuine”);</p> <p> return authentic;</p> <p> if (jqo.is(“Figure”) && jqo.hasClass(‘medium’) && jqo.hasClass(‘inline’))<br /> if (debug)<br /> console.log(“isRightAvoid: found Determine has Class medium and inline.”);</p> <p> return authentic;</p> <p> if (jqo.is(‘div’) && jqo.hasClass(‘Desk-wrapper’))<br /> if (debug)<br /> console.log(“isRightAvoid: discovered div with Type Table-wrapper”);</p> <p> return proper;</p> <p> if (jqo.is(‘apart’))<br /> if (jqo.hasClass(‘sidebar’) && !jqo.hasClass(‘medium’))<br /> if (debug)<br /> console.log(“isRightAvoid: found aside with Classification sidebar, without Type medium”);</p> <p> return real;</p> <p> if (jqo.hasClass(‘statsTable’))<br /> if (debug)<br /> console.log(“isRightAvoid: discovered apart with Type statsTable”);</p> <p> return actual;</p> <p> if (jqo.hasClass(‘obtain-asset’))<br /> if (debug)<br /> console.log(“isRightAvoid: found Category obtain-asset return true”);</p> <p> return authentic;</p> <p> if (jqo.hasClass(‘tableLarge’))<br /> if (debug)<br /> console.log(“isRightAvoid: discovered Category tableLarge return genuine”);</p> <p> return real;</p> <p> if (jqo.hasClass(‘reject’))<br /> if (debug)<br /> console.log(“isRightAvoid: discovered Type reject. return proper”);</p> <p> return real;</p> <p> if (jqo.is(‘Table’) && jqo.hasClass(‘scorecard’))<br /> if (debug)<br /> console.log(“isRightAvoid: discovered div with Classification scorecard”);</p> <p> return proper;</p> <p> if (jqo.hasClass(‘product-checklist’)<br /> return false;</p> <p> // Return authentic if Element has Type ‘reject’: is not going to Situation drr modules/advertisements next to those Components<br /> function isRightReject(jqo)<br /> console.log(“in isRightReject”);<br /> if (jqo != null)<br /> if (jqo.hasClass(“reject”))<br /> if (debug)<br /> console.log(“isRightReject: discovered ‘reject’ Class”);</p> <p> return proper;</p> <p> return false;</p> <p> return false;</p> <p> // Returns real if Height of all Elements after this one is more than 500; false in any other case<br /> function elementNotNearEnd(Element, pixelWindow)<br /> if (pixelWindow == null)<br /> pixelWindow = 500;</p> <p> if (Element == null)<br /> return false;</p> <p> var remainingHeight = Zero;<br /> var kids = $(“#drr-container”).children().slice(Part.index());<br /> if (children == null)<br /> return false;</p> <p> children.EVERY(operate(i)<br /> remainingHeight += $(this).Height();<br /> );<br /> if ( remainingHeight > pixelWindow)<br /> return actual;</p> <p> else<br /> if (debug)<br /> console.log(“Part too just about End. Closing Height is: ” + remainingHeight + ” and window is ” + pixelWindow); </p> <p> return false;</p> <p> /**<br /> * Return actual if want to Keep Away From this Component when placing left module.<br /> */<br /> operate isLeftAvoid(jqo)<br /> if (jqo.is(“Figure”))<br /> if (debug)<br /> console.log(“isLeftAvoid: found Figure. return true”);</p> <p> return authentic;</p> <p> if (jqo.is(“apart.pullquote”))<br /> if (debug)<br /> console.log(“isLeftAvoid: found pullquote. return proper”);</p> <p> return actual;</p> <p> if (jqo.is(“pre”))<br /> if (debug)<br /> console.log(“isLeftAvoid: discovered pre. return proper”);</p> <p> return proper;</p> <p> if (jqo.is(“div.gist”))<br /> if (debug)<br /> console.log(“isLeftAvoid: discovered github code block. return real”);</p> <p> return actual;</p> <p> if (jqo.is(“aside”) && jqo.hasClass(“sidebar”) && jqo.hasClass(“medium”))<br /> if (debug)<br /> console.log(“isLeftAvoid: discovered medium sidebar. return authentic”);</p> <p> return genuine;</p> <p> if (jqo.hasClass(“statsTable”))<br /> if (debug)<br /> console.log(“isLeftAvoid: found Class statsTable. return genuine”);</p> <p> return authentic;</p> <p> if (jqo.hasClass(“product-sidebar”) && jqo.Not(“.fullwidth”).length > Zero)<br /> if (debug)<br /> console.log(“isLeftAvoid: discovered Classification product-sidebar. return real”);</p> <p> return true;</p> <p> return false;</p> <p> /**<br /> * return true if there aren’t any figures before the Target placement that may bleed down into placement Element<br /> */<br /> perform noPrevFigures($originalTarget)<br /> var targetIndex = $originalTarget.index();<br /> var numElementsLookBack = 5;<br /> var figureIndex = null;<br /> var figureHeight = null;<br /> var startIndex = targetIndex – numElementsLookBack </p> <div id="drr-container"> <p>Seagate Expertise will reduce about 6,500 jobs international, or 14 % of its staff, with Most Of The cuts in manufacturing jobs, it stated Monday.</p> <p>The Data storage maker had stated in June that it was aiming to cut 1,600 staff, or 3 percent of its world team of workers, with the aid of the end of the September quarter to trim costs, but The New announcement suggests that The Corporate feels the wish to scale back prices further as its laborious disk drives fight in a slowing PC market amid the emergence of flash storage in devices.</p> <p>The Brand New cuts will be along with these announced closing month. The move through Seagate comes at the same time as The Company revised upwards its preliminary monetary data for its fiscal fourth quarter and year-Finish 2016, which ended on July 1, citing higher than expected demand for its hard disk drives.</p> <p>The Corporate now expects to document income of about $2.65 billion for the fiscal fourth quarter 2016, towards an past forecast of $2.3 billion. Seagate mentioned it expects to record HDD shipments of about 37 million for the quarter, which works out to roughly Sixty Two exabytes, reasonable capability per force of 1.7 terabytes and average selling price per unit of $Sixty Seven.</p> <aside class="nativo-promo smartphone" id="" /> <p>The sure outcomes represent preliminary figures for the fourth quarter handiest, an organization spokesman said. “As we’ve got communicated in prior public filings and statements, we Remain committed to lowering our international manufacturing footprint in step with long-term macroeconomic conditions and decrease general demand levels,” he added in an email.</p> <p>The cut in body of workers is predicted to be achieved by way of the end of The Company’s fiscal yr 2017. The Focal Point of The Brand New cuts is on decreasing The Corporate’s manufacturing footprint, The Company spokesman stated. Many Of The manufacturing operations are in Asia but the firm also has some manufacturing services in Europe and the U.S. so that it will be affected, he added.</p> <p>IDC reported on Monday that the PC market declined year-on-year by means of 4.5 p.c within the 2nd quarter of this 12 months to 62.Four million devices, however the decline used to be smaller than an earlier anticipated 7.Four p.c on account of a return to increase in the U.S. market.</p> </div> <div class="byline vcard author end-byline"> <div class="author-info"> <p class="author-name"> John Ribeiro — <span class="author-title">Bangalore Correspondent</span></p> <p class="bio">Observe John on Twitter at @Johnribeiro or e mail at john_ribeiro@idg.com </p> </p></div> <p><!-- end .author-info --></p> </div> <p><!-- blx4 #1218 blox4.html --></p> <div class="article-intercept"> <a href="http://www.cio.com/article/2847396/it-skills/8-free-online-courses-to-grow-your-tech-skills.html#tk.cross_2cio_intrcpt"><br /> <i class="ss-icon ss-navigateright" /><em> From CIO:</em> Eight Free On-line Courses to Develop Your Tech Skills<br /> </a></p></div> <p> <!-- /.bodee --></p> <section id="funnel"> <section class="popular-brand-cols"> <section class="popular-col"><!-- /.promo --><br /> <!-- ./promo newsletter --></p> </section> <section class="brand-col"> </section> </section> <section class="featured-col"><!-- blx4 #937 blox4.simple --></p> </section> </section> <p> <!-- /role=main --><!-- /#page-wrapper --></p> <footer> <section class="brand"><span class="logo">InfoWorld</span><br /> <span class="tagline"> </span></p> <p> <span class="follow"><br /> <label>Observe us</label><br /> </span></p> </section> <section class="topics"> <nav id="ft1" /> <nav id="ft2" /></section> <section class="about"> </section> <section class="copyright"> <div class="wrapper"> <p>Copyright © 1994 – 2016 InfoWorld, Inc. 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