Seagate Closing China Plant, Over 2,100 Jobs to Go

Hard drive manufacturer Seagate Technology (NASDAQ: STX) is shuttering its factory in Suzhou, China, Reuters reports. The closing will affect 2,127 employees at the facility, who will be released by the company. Seagate has not yet released a formal public statement on the move, although Reuters did quote the company as expressing its “regret” about the closure. …read more

Read more here: Seagate Closing China Plant, Over 2,100 Jobs to Go

Leave a Reply

%d bloggers like this: