Submit a Story!
Tech Trader Daily - Barron’s Online : CES: Seagate CEO Watkins Says December Was "Terrible"
(STX) CEO Bill Watkins told Tech Trader Daily on Friday that December was “just terrible” in terms of disk-drive demand, due in part to a sharp drop in distribution channel inventories. Watkins said channel inventories for disk drives are the lowest he has ever seen, as low as four weeks, and ...
Seagate Knowledge Base
Seagate Knowledge Base
seagate.custkb.com — Firmware Recommendations for Seagate Drives [207931] Subscribe Back Table Of Contents FAQ FAQ Also Viewed Does my... drive need a firmware update? [206091] Barracuda 7200.11 SATA models with firmware SD04 or SD14 [203791] Where can I get a driver for ... (more) Seagate Knowledge Base
Seagate isolates 'potential' Barracuda flaw • The Register
Seagate isolates 'potential' Barracuda flaw • The Register
theregister.co.uk — After reports that its 1TB Barracuda drives are failing at an unusually high rate, Seagate says it... has isolated a "potential firmware issue" that would seem to be the cause of this worldwide plague. The company will provide a free firmware upgrade for ... (more) Seagate isolates 'potential' Barracuda flaw • The Register
Seagate Cuts Jobs, Slashes Executive Salaries -- Executive Compensation -
Seagate Cuts Jobs, Slashes Executive Salaries -- Executive Compensation -
informationweek.com — Seagate Technology is cutting thousands of jobs and slashing executive salaries by as much as 25%, as... the disk-drive maker grapples with the economic downturn that has hammered sales of personal computers that use the company's products. In a ... (more) Seagate Cuts Jobs, Slashes Executive Salaries -- ...
Comments
Blog Reactions

Seagate Defrags Workforce, Executive Team
Digital Daily — ... “Terrible.” That was Seagate CEO Bill Watkins’s (at right, doing his Dr. Octopus impression) one-word description of the disk drive maker’s December sales last week–and apparently one of his final public comments as chief executive as well. This morning, Seagate (STX) said that Watkins is handing the CEO reins over to Chairman Stephen Luczo and that the two will confer over the next week to ...

Seagate realigns its heads
GMSV — ... , despite the economic gloom , about the prospects for storage technology in general and his company’s products in particular. Today, he’s waxing his car or defragging his closets or whatever else executives do when they’re suddenly and involuntarily granted unlimited time off. The hard drive maker announced today that it was ...

Seagate Shares Fall on Surprise Management Shift
NYT > Technology — ... in Las Vegas, discussing business as usual. In an interview with Barron’s at the show, he said that demand for the company’s hard drives was “just terrible.”Other prominent companies in the PC hardware market have voiced similar complaints. Most notably, ...

Related Content
Seagate to lay off 10 percent and replace CEO Bill Watkins
venturebeat.com 1/12/2009 — Storage company Seagate Technology said Monday that it will lay off 10 percent of its worldwide staff and that longtime chief executive Bill Watkins has resigned. Stephen Luczo, chairman, will replace Watkins as CEO. Watkins has been with the company ...
Seagate Layoffs Grow From 800 to 3,000
bits.blogs.nytimes.com 1/15/2009 — On Wednesday, Seagate said it will lay off 3,000 workers worldwide, up from the 800 U.S. cuts it announced Monday.
Seagate Shares Fall on Surprise Management Shift
nytimes.com 1/12/2009 — Just one week ahead of its second-quarter financial report, Seagate, a leading maker of computer hard drives, said that the company’s outspoken chief executive has been replaced. >
Seagate Technology - Seagate Technology
seagate.com 1/8/2009 — Home News Investors Where to Buy Store Buy Now Your Account Login Close Login to Your Account Login Forgot your Password? To view this content, ensure that you are using the latest Flash player and Javascript is enabled. Click here to download the ...
Seagate Technology Board of Directors Appoints Chairman Stephen J. Luczo as President & Chief Executive Officer - Yahoo! Finance
finance.yahoo.com 1/12/2009 — SCOTTS VALLEY, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Seagate Technology (Nasdaq: STX - News ) today announced that its Board of Directors has unanimously appointed Stephen J. Luczo, the Company's Chairman, as President and Chief Executive ...
Seagate 7200.11 Drive Failures - Official Answer from Seagate
ubergizmo.com 1/17/2009 — You may have heard about issues with the Seagate 7200.11 hard drives on many sites. We have been in touch with Seagate to gather more information before posting. Seagate has found a "potential issue" and here's their official statement: Seagate ...
Seagate offers solution to 7200.11 hard drive failure epidemic
obsessable.com 1/18/2009 — A simple firmware update will prevent the failure, but if it's already happened then things get a little more complicated. If you own one of those Seagate hard drives we found out were dropping like flies yesterday, it's possible that you can ...
NEWS: Seagate CEO hints at SSD tech to come
pocket-lint.co.uk 11/5/2008 — Hybrid technology that could finally bring prices down Seagate's CEO has confirmed that the company is working on its very own line-up of Solid State Drives in a briefing with Pocket-lint. ... Read Seagate CEO hints at SSD tech to come on ...
Seagate CEO hints at SSD tech to come
macnn.com 11/5/2008 — 5 November 2008 2:33 GMT / By Katie Scott Seagate's CEO has confirmed that the company is working on its very own line-up of Solid State Drives in a briefing with Pocket-lint. Bill Watkins, CEO of Seagate, gave a rare hint at what kind of SSD ...
Seagate Technology - Seagate Ships Desktop Hard Drive With World's Highest Areal Density -- 500GB Per Disk
seagate.com 1/6/2009 — SCOTTS VALLEY, Calif. - January 5, 2009 - Seagate (NASDAQ:STX) today announced first-to-market volume shipments of a mainstream desktop hard drive with the industry s highest areal density. Packing 1TB of capacity on just two disks, Seagate s ...
Seagate replaces Watkins as CEOCNET News - Business Tech 1/12/2009
Seagate CEO Bill Watkins at CES 2009. (Credit: Erica Ogg/CNET Networks) Disk-drive maker Seagate Technology announced Monday that Chairman Stephen Luczo is now also serving as CEO and president of the company. That spells the end of the ...
Seagate replaces Watkins as CEOCNET News.com 1/12/2009
Chairman Stephen Luczo, who served as chief executive of the hard-drive maker once before, takes over the reins at Seagate.
Seagate replaces CEOThe Register 1/12/2009
Watkins out, chairman Luczo takes over Updated   Seagate has startlingly and suddenly replaced its long-serving CEO Bill Watkins with chairman Stephen Luczo. It's also lost its chief operating officer, indicating turmoil at the top levels in the ...
Hands on with Samsung's touch-controlled P3 media playerThe Register 1/12/2009
Finger-flicking good CES   As soon as you lay hands on the Samsung YP-P3 , the first thought that will go through your head is what a nasty bit of plastic tat the P2 is by comparison.…
Seagate to slash up to 10 per cent of its staffThe Register 1/12/2009
Heads on platters Seagate's December sales were much worse than feared and the company is expected to respond to revenues falling off a cliff by sending up to ten per cent of its staff after them.…