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Wednesday, August 16, 2006

Shrewsbury layoffs

SHREWSBURY

Seagate Technology LLC has announced that it will lay off 261 people from the former Maxtor Corp. in Shrewsbury.

Seagate, which purchased Maxtor (its biggest competitor in the computer disk drive market) in May, sent a letter to the town manager in June, the Worcester Telegram and Gazette reports.

All Maxtor employees have been informed of the layoffs, and those who have been laid off have been offered severance packages, the Telegram reports.

-- Erica Tochin

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