Disk drive manufacturer Seagate Technology has laid off over 200 employees as part of an effort to refocus its San Jose design center on the growing market for miniature disk drives.
The company said that 114 engineers and support personnel in San Jose had lost their jobs and that a further 90 employees from at the company?s Scotts Valley head quarters had also been given notice.
The company which has 90,000 employees world wide estimates that the market for miniature disk drives for laptops and mobile devices will exceed 200 million units and $40 billion in sales by 2000.
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