The factory, one of two operated by Seagate in China, is based in Suzhou city in eastern Jiangsu province, and was established in 2004.
Factory workers received notice of its impending closure last Saturday, and were told they would lose their jobs in just over a week's time, state-funded digital news outlet the Paper cited employees as saying.
Also Read
The decision to close the factory was made in order to "decrease the scale of Seagate's global production so as to better adapt to current and future market demands", the Paper cited an internal company memo as saying.
It cited workers as saying that large-scale layoffs in Suzhou had been occurring since February, with a number of those incensed by the cuts staging a small strike in December.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)