Seagate will not shut down any Malaysian plants

By Julian Matthews

PENANG–Seagate Technology, the world’s largest disk drive manufacturer, will not shut down any of its seven Malaysian plants, said a senior executive.

“We do not have any plans on the table to close any factory in Malaysia,” assured Seagate chief financial officer Charles Pope in a teleconference to announce the company’s first quarter results for fiscal 2000.

Last month, Seagate Malaysia offered voluntary retrenchment packages to its staff as part of a worldwide restructuring plan to bring headcount down by 10 percent.

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Seagate Rehires Former Employees to Meet Demand

by Julian Matthews

April 1, 1998 (KUALA LUMPUR) — Seagate Technology is rehiring former employees on a temporary basis after laying off more than 2,000 people in its Malaysia plants in February.

The move is to meet last- minute product orders to be shipped by June from its Prai assembly plant, said Penang Seagate Industries (M) Sdn., Bhd. managing director Timothy Harris.

The company already has recruited 130 ex-staff by offering them their last drawn salary for temporary employment of between one and three months. It has another 170 more vacancies to fill.

Seagate Malaysia’s manpower shortage was a direct result of a global retrenchment exercise carried out in February that triggered higher-than- expected attrition.

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