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Seagate to lay off 10 percent and replace CEO Bill Watkins

Dean Takahashi, VentureBeat01.12.2009
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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 12 years and served as CEO since 2004. He was always a... (Read more)

Reprinted with permission from VentureBeat. Story copyright 2009 VentureBeat Inc. All rights reserved.

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