> "The restructuring is expected to cost the company about $164 million in pre-tax charges during fiscal 2017, $82 million of which will be employee termination costs"
$82000000/6500 = $12615
Average severance of 12.6k per employee seems rough.
$82000000/6500 = $12615
Average severance of 12.6k per employee seems rough.
Potentially that's not a very bad severance.
source on the Thailand and HDs for those that are interested. This article from 2011 claims that 25% of global HD assembly is in Thailand. http://www.ft.com/cms/s/2/f0f9a234-fb33-11e0-8756-00144feab4...