Adaptec is to cut 100 jobs as it bails out of the completed storage array business.
The company will continue to supply sub components for storage systems, peripherals for connecting storage devices to PCs and specialist Raid software, but will no longer ship the complete storage system.
"This move reflects the Board's decision to develop a consistent strategy that focuses the company on its core I/O businesses. As a result, we plan to sustain and strengthen our SCSI and Raid hardware and software solutions," Adaptec's stand-in CEO Larry Boucher said in a statement. Previous CEO Grant Saviers resigned last month.
The cuts amount to four per cent of the worldwide workforce and will entail a one-time charge against earnings, as yet undisclosed.
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