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[OCRegister] WD cuts 2500 jobs

post #1 of 9
Thread Starter 
source, more info

It’s a rough day for 2,500 workers at Lake Forest’s Western Digital Corp. Early this morning, they learned that the computer hard-drive maker announced massive job cuts and facilities closures worldwide.
 
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post #2 of 9
Man, theres alot of job cuts all over the place. I hope we all pull through this global economic crunch. This has to be the 5th or 6th MAJOR company I've heard of cutting jobs in the past week.
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post #3 of 9
perfect chance for them to re-organize their company structure..
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post #4 of 9
Thread Starter 
Quote:
Originally Posted by jpark59 View Post
perfect chance for them to re-organize their company structure..

That's what I'm hoping for. WD has had pretty good growth in the past couple of years, so they should be able to ride out the crunch with good management. I've been a fan of WD drives for a long time, and I hope they don't get run into the ground like so many other tech companies.
 
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post #5 of 9
yeah, just like ABIT closing its doors
post #6 of 9
This sucks. NY - my home state is poised to tax its residents up the wazoo (even itunes downloads!), Wall Street laid off 60k jobs alone since the official declaration of a recession and now consumer tech companies are trimming down like mad or flat out shuttering its doors for good.

What next?
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post #7 of 9
More. Enterprise. Level. Drives. Stop selling that useless consumer level junk that always seems to die on me a couple of months into use.
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post #8 of 9
HDD prices, please don't go up. I need 2 more in 2 weeks.
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post #9 of 9
Quote:
Originally Posted by Mr. Mojo View Post
source, more info

It’s a rough day for 2,500 workers at Lake Forest’s Western Digital Corp. Early this morning, they learned that the computer hard-drive maker announced massive job cuts and facilities closures worldwide.
As a shareholder I gained a cool 2% today
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