Vorige weken hoorden we Quantum nog jammeren over de veel te keiharde prijs oorlog in de harddisk markt. Dat het niet echt lekker gaat met Quantum blijkt wel uit het feit dat ze gisteren een reorganisatie hebben aangekondigd, waarbij 800 arbeidsplaatsen zullen verdwijnen. Hier heb je het nieuws van News.com:
Quantum's hard disk drive group said it will cut as many as 800 jobs and take a charge of $50 million in the current quarter as part of a restructuring.
The Milpitas, California-based company said it was making the moves to align its technology and business more closely to the rapidly growing market for personal computers costing less than $700.
[...] On a conference call, Quantum executives lamented what it called "destructive pricing pressures" by other disk drive makers to gain market share. As a result, John Gannon, president of the hard disk drive group, told analysts on a conference call that "no one is making any money in the disk drive business today."
After rallying during the past six months, shares of disk drive makers such as Quantum, Seagate Technology, Western Digital have fallen recently, in light of the severe price-cutting and declining profits.
Quantum's high-end disk drive business will be "largely unaffected" by yesterday's announcements, Gannon said. Overall, demand is healthy, typical of the nearing holiday season, but any profits are being more than offset by continued price cutting, Gannon said on the conference call.