Seagate: More than 900 computer jobs to go

marc · Oct 30, 2007

More than 900 jobs are to be lost in County Londonderry with the closure of the Seagate plant which makes components for hard disc drives.
Staff were given the news at a meeting in the Limavady plant on Monday.

Seagate, which has received £12m from Invest Northern Ireland and its predecessor IDB since 2001, will close in the second half of next year.

Plant manager William O'Kane said the news was sad but inevitable. "This is no way due to the employees," he said.

"We have a fantastically skilled and fantastically motivated and fantastically inventive workforce which would be an asset to any future employers.
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Read more here: BBC

Notable quote from the article:

"(It) is a direct result of significantly lower wage costs in Asian competitors, foreign exchange and shipping costs which have created a competitive cost gap of some £15m per year," he said.
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Adrian Wong · Oct 31, 2007

Wow.. A whole plant closure...

I guess at the end of the day, it's the dollar and cents that count the most...

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Seagate: More than 900 computer jobs to go

marc Team Tech ARP

Adrian Wong Da Boss Staff Member

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Seagate: More than 900 computer jobs to go

marc Team Tech ARP

Adrian Wong Da Boss Staff Member

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