In another sign of straitened times, thin film disk media maker Domain Technology Inc, Milpitas is cutting its US workforce by 160 employees, 19%. The firm blames continuing weakness in demand, saying it reckons overstocked drive makers are cutting inventories. The company also says that it has been in talks with third parties that might […]
In another sign of straitened times, thin film disk media maker Domain Technology Inc, Milpitas is cutting its US workforce by 160 employees, 19%. The firm blames continuing weakness in demand, saying it reckons overstocked drive makers are cutting inventories. The company also says that it has been in talks with third parties that might put up new cash for its operations or take a stake in it – but nothing has been guaranteed.
