Maxtor's mass retrenchment

Seems like maxtor's headlines was the talk of the town. I know of a couple of people who are working in maxtor and should be affected by the move. Sort of knew about this earlier n was talking to my auntie who was working there during CNY. She oso knew that they were waiting to do it after CNY. Oh well, i guess she will benefit from the retrenchment perks? She doesn't mind the loss of her job, but how abt the other 5000+? Sighz..