Both Seagate Technology and Western Digital, are expected to cut down their operations in Malaysia.
As per reports, Seagate will close down their facilities in Penang, Negri Sembilan and Bayan Lepas. The company employs around 3,000 people in Penang.
Western Digital is reported to be letting go of 1,200 employees in Penang, as it winds-up operations in Malaysia.
While part of these moves are due to global restructuring and layoffs, both companies also plan on shifting some of their operations to Thailand.