John Paczkowski

Recent Posts by John Paczkowski

Latest Seagate Layoffs Offer Improved Capacity, Performance

largest-axe3jpg-150x150jpgSeagate is defragging its workforce again. The hard drive manufacturer said Wednesday that it plans to sack another 1,100 employees–2.5 percent of its workforce. With the econalypse driving down orders for personal computers and, by extension, Seagate’s storage products, the company has had little choice but to resort to measures like these as it works to return to profitability. Earlier this year, it laid off nearly 3,000 workers and suspended its quarterly dividend. But clearly, that wasn’t enough. Seagate says this latest round of layoffs will save it $125 million annually and help it become “cash-flow and earnings positive” within its 2010 fiscal year.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”