Seagate Cut HDD Warranty Period?

In order to reduce operational costs, reportedly Seagate hard drives will shorten their warranty, 5 years now only be 2 years.

Even though the news has not been officially released by Seagate, but according to a report written tomshardware and quoted on Friday (05/08/2011).

Rumors also mention some of the hard drive is going to cut the warranty period, such as Seagate Barracuda for version