Quantum Corp says it will take a $40m charge in its third quarter for the streamlining and restructuring of its operations. The disk drive maker says it’s moving to next generation products, and will lay off 450 people at its Colorodo-based plant and 50 more in Massachusetts.
Quantum Corp says it will take a $40m charge in its third quarter for the streamlining and restructuring of its operations. The disk drive maker says it’s moving to next generation products, and will lay off 450 people at its Colorodo-based plant and 50 more in Massachusetts.