Storage industry leader EMC confirmed Monday that it dismissed hundreds of workers last week, but the company said the move was part of a stringent and ongoing employee review process and doesn't indicate that it's looking to reduce internal costs.
Hitachi Data Systems is targeting its newest RAID technology at the midrange storage area network (SAN) market with a scaled-down version of the company's Freedom Storage Lightning 9900.
Nortel Networks laid off almost 1000 workers last week and said it plans to cut another 3000 employees -- affecting about 4 per cent of its workforce altogether. But it then will replace those jobs by recruiting IT workers with skills related to higher growth areas of the marketplace.
Executives at struggling storage systems vendor Storage Technology say it's a leaner, more focused company after six months of internal scrutiny that has included a revamped marketing plan, personnel cuts and the introduction of several products.
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