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Hitachi to cut 11% of its hard disk staff

by - source: Tom's Hardware

Hitachi Global Storage Technologies (Hitachi) recently announced a series of manufacturing and development consolidations that will roughly reduce its 40,000-person global workforce by 11%.

As part of the company’s consolidation initiative, which it expects will save up to nearly US$300 million over the next five years, it will close its Guadalajara plant and create what it calls "centers of competency" for the development and production of sliders, head-gimbal assemblies (HGA) and media.

More here at DigiTimes.

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