Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to reduce costs amid slowing demand; stock drops 6%+ and is down ~50% YTD Bloomberg : Bloomberg 2022-10-26 Seagate, Bloomberg Related Coverage U.S. alleges Seagate broke export rules to sell Huawei hard drives -source Reuters · Karen Freifeld Seagate to Slash 3,000 Workers. It's Trimming Costs as Demand Slows. Barron's Online · Angela Palumbo Seagate Technology Reports Fiscal First Quarter 2023 Financial Results Seagate