450 staff forced to take pay cut at Seagate

More than 450 employees at US-owned technology company Seagate are having their pay cut by 10% as the company battles to cope with the global downturn, it was announced today.

Seagate told a mass meeting of workers at the Springtown plant in Derry that the pay cut was for all management, sales and professional employees worldwide – impacting on about one-third of the 1,400 workers employed at the plant.