[PConline News] As the price of SSDs is getting lower and lower, and the capacity is getting bigger, the days of traditional mechanical hard drives are getting harder and harder. Hard disk maker Seagate announced a new layoff plan on Monday that will lay off around the world. 500 people.
Seagate submitted in a file to the U.S. Securities and Exchange Commission on Monday that this round of global layoffs is expected to be completed by the end of 2018. It is unclear where the Seagate employees are affected by layoffs.
The reason is because the mechanical hard drive has gone. According to the statistics for the fourth quarter of this year, Seagate expects to ship 38 million mechanical hard drives, which is about 39.3 million in the Western Digital. This is a far cry from the over 50 million blocks during the peak of the duo, mainly due to the impact from SSDs.
Compared with SSDs, mechanical hard drives have huge advantages in terms of capacity, but sales and profits have fallen, making Seagate’s life extremely sad.
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