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[TechSpot] OCZ Reduces Global Workforce by 28%, Offers Update on Business Outlook

post #1 of 23
Thread Starter 
Quote:
Hoping to get OCZ back on track, newly appointed chief executive Ralph Schmitt has revealed plans to reduce costs and streamline the company's lineup. OCZ has repeatedly missed earnings expectations, including a $6.3 million loss in its first quarter that ended in May. Although it hasn't filed a Form 10-Q for its fiscal second quarter yet, the company recently said it expects to post a significant loss for the period.


Source, techspot.com
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post #2 of 23
A brand new SATA cable should fix the problem heh
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post #3 of 23
Thread Starter 
Whoops, sorry I goofed that one up mods! I'm trying, guess not hard enough.redface.gif
Edited by Figit090 - 11/2/12 at 2:54am
post #4 of 23
Quote:
Originally Posted by i7monkey View Post

A brand new SATA cable should fix the problem heh

That could be it! We know for sure from dealing with OCZ that this is not their fault. I wonder who they will lay the blame on? User error or motherboard makers?
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post #5 of 23
Quote:
Originally Posted by mcg75 View Post

That could be it! We know for sure from dealing with OCZ that this is not their fault. I wonder who they will lay the blame on? User error or motherboard makers?

I haven't kept up with news lately but did somethings happen ?
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post #6 of 23
Its about time they discountinued their older SSD's; they really need to get the Vector out and it has to perform well and have stable firmware at launch.

The Corsair Neutron GTX, and Plextor M5P are out already; the Samsung 840 Pro will be at Newegg next week.
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post #7 of 23
Quote:
Originally Posted by MoGTy View Post

Quote:
Originally Posted by mcg75 View Post

That could be it! We know for sure from dealing with OCZ that this is not their fault. I wonder who they will lay the blame on? User error or motherboard makers?

I haven't kept up with news lately but did somethings happen ?

is "lately" the last 6 years?
post #8 of 23
Quote:
Originally Posted by FLCLimax View Post

is "lately" the last 6 years?

Well, yes if it is that extensive. I only recall a few bad Vertex SSDs with gen 1 and that's about it. No other big OCZ news. Ooh and I recall them leaving the RAM segment.

EDIT: Ah man I'm so nostalgic about OCZ ram, brings back great memories. I miss them.

EDIT2: The Vertex 4 SSDs aren't that bad tho ? No ?
Edited by MoGTy - 11/2/12 at 7:41am
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post #9 of 23
making shoddy product across multiple product lines, denying all reported issues and blaming your customers when problems are finally acknowledged aren't things to be recalled as if they're an isolated incident, this is just what OCZ did for the last half decade.
post #10 of 23
Quote:
Originally Posted by MoGTy View Post

Well, yes if it is that extensive. I only recall a few bad Vertex SSDs with gen 1 and that's about it. No other big OCZ news. Ooh and I recall them leaving the RAM segment.
EDIT: Ah man I'm so nostalgic about OCZ ram, brings back great memories. I miss them.
EDIT2: The Vertex 4 SSDs aren't that bad tho ? No ?

Yeah me too. In fact a couple days ago I was looking through some of my old componants and ran into a couple 512 OCZ sticks, and thought, "What happened to you, OCZ?"

I guess we will see how this "streamlining" goes.
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