Western Digital cutting jobs

Hard drive maker, Western Digital, is planning on cutting 2,500 jobs and executive pay based on the current economic forecast. They expect next year’s sales to be lower due to weakening demand. Western Digital is planning on closing it’s hard drive factory in Thailand and has plans to sell 2 factories in Malaysia.

Perhaps we will see a stabilization of storage prices next year. $60 for a 500GB drive is dirt cheap but current ‘sale’ prices may be short lived. With a few million less hard drives in production, relative supply will shrink and prices may even go up. Hmm, maybe I will pick up that 1.5TB drive for Christmas.

Advertisements

0 Responses to “Western Digital cutting jobs”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 30 other followers

Technorati – Blog Search

Add to Technorati Favorites

submit express


%d bloggers like this: