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This excerpt taken from the WDC 10-K filed Nov 20, 2006. We may be
unable to retain our key personnel and skilled
employees.
Our success depends upon the continued contributions of our key
personnel and skilled employees, many of whom would be extremely
difficult to replace. Worldwide competition for skilled
employees in the hard drive industry is intense. Volatility or
lack of positive performance in our stock price may adversely
affect our ability to retain key personnel or skilled employees
who have received equity compensation. If we are unable to
retain our existing key personnel or skilled employees, or hire
and integrate new key personnel or skilled employees, or if we
fail to implement a succession plan to prepare qualified
individuals to join us upon the departure of a member of our key
personnel, our operating results would likely be harmed.
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