Seagate is valuable asset making important hard drives. Govt will save the company to avoid monopoly by WD. Nothing to worry.
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Don’t day dream … Which stupid government wanna take over losing money company?
You all saw the fine we got for the Huawei business. Slip on the wrist at most with a doable delayed payment plan. US government and co. needs storage companies like us. Almost our only life line right now that potential outsiders will step in and help.
the Irish government will safe the Irish company called Seagate?
Let's just say they do, the company is going to be a lot slimmer than it already is if that's the case. My guess is the company could easily be slimmed down to about 15k or less when it's in legacy mode, rather than the ~35k it's at right now.
Jobs Support Scheme is over
YEAH!!!! Spinning rust fowevah!