The austerity for workers at Seagate will continue to ensure the dividend gets paid. Count on more layoffs, less benefits and more paycuts. Chrome Dome knows he will continue to keep his job and get his $15 yearly compensation (Bonuses and stock... — read more 

If you’re an hourly employee make sure to use up as much “Sick Time” as you can before the layoff. Don’t take more than 2 days consecutively at any given time to be safe. If your salary take some mental health days as needed, the names on the list... — read more 

Yet, employees are the one suffering for pay cut and RIF, has anyone agree on this? Why during good times couple of quarters ago, we got so much cash on hand, but just 2-3 quarters ago during downturn, suddenly the cash are missing??

Last time 3000 was official. This time only $150M, no number. Why? Seagate has really become "Headless Chicken"

What should we do to maintain Longmont FAANG status

Wait, wait! It might be less than 6 months! Are they new worried about brain drain? I thought they did it because they wanted mass quitting to save cost?

Innovation is in our DNA

How many directors does STST have? What do they all do? Why have there been made up job titles for some people in STST ? Does corporate know ?

Seems like we got the highest VPs in the corporate world

Does anyone have any insights on what went down at the board meeting? Did it even happen? This place is unusually quiet.

HR gave employees until Friday 12noon to sign the form. KNN chase employees to sign it ASAP on Thurs. Forcing me to go tell unhappy employees to sign it. Sensitive period for everyone yet macham bochap everyone’s feelings and only happy about his... — read more 

Nice little landscaping going on here and there! Summer time! No salary, but site beautification.

Hey does anyone know how a Employee reserves the company Jet for personal use? They Spouse and I need it the week after Mothers Day to go spend time with one of our Kiddos. So Super D if you could it waiting for us at MSP that would be great. We... — read more 

https://www.storagenewsletter.com/2023/04/26/investigation-of-seagate-by-rosen-law-firm/ https://www.storagenewsletter.com/2023/04/26/and-by-the-schall-law-firm/

It’s confirmed, office site closure in Tel Aviv is affected by RIF - Ophir’s team. It’s gonna be Lyve.

Pay cuts and layoff same time? May 8,2023 $150M set aside for RIF compensation is about 7000 people if the ratio is the similar to the one last November. Thoughts?

WWSD? What would Shugart do? Seems like the old timers had better character than the leaders of Seagate. 4 days additional leave in CY2024 is an insult. Leadership has no faith in the employees that even with more off days we will get the job done... — read more 

Can anyone confirm or deny the rumor that the US severance will drop to 4 weeks max after this May RIF concludes?

Normally retrenchment will be 2 weeks after the Q3 results release. It is estimated to be 6000+ people to be laid off. Hard to imagine...

I think we need more HR Directors (preferably remote). They can surely dig us out of this mess! We only have 17 HR Directors after all!

These days it seems like the culture is all about hype and pushing useless stuff instead of doing things that truly make a difference. When did this change? It's like everyone's become a cheerleader for things that don't really matter, instead of... — read more 

Shouldn’t someone/s be facing criminal charges for this?! Based on my experience with Seagate, it couldn’t happen to a more deserving group of crooked execs!

I'm un sure on some of our products. Aren't we already shipping hamr or even mamr. Sorry but I'm new here.

I see that JM is still posting some BS posts about STX going green.. Yes they were going after the Chinese green and got caught green handed. So is she out or not?

Reports that hamr has been delivered to our cloud costumers. ! So will this be are saviour?

https://m.belfasttelegraph.co.uk/business/northern-ireland/biggest-employer-in-derry-set-to-axe-jobs-as-it-bids-to-cut-costs-after-losses/1249500122.html

The job market is not good and my specialization/skillset has narrowed down further working here. Even if I had a super-demanding CV hypothetically, it feels selfish to say quit and put additional divided burden on my coworkers at this time of... — read more 

How culpable is the General Counsel Schuelke ?

Here we go....Second law suit. There will be many more...These guys are finished. The D-mb PhD CEO, criminal CFO, nepotistic CHRO, and the racist-prejudiced GC should be running for their lives.

Everyone is focused on the $300M Huawei BIS settlement and missing the bigger and more immediate cash crisis. The BIS settlement is $15M per quarter for 5 years. The real reason Seagate is in a cash crunch and trying to sell anything they can find a... — read more 

Investigation of Seagate Technology Holdings plc (STX) Announced by Holzer & Holzer, LLC https://www.globenewswire.com/news-release/2023/04/21/2652165/0/en/Investigation-of-Seagate-Technology-Holdings-plc-STX-Announced-by-Holzer-Holzer-LLC.html

What does it say about our willingness to listen to feedback? I believe we are hoping that 6 months later, if we give back the docked pay and throw some RSUs around, the people will move on. That maybe the best time to bring back the micro survey... — read more 

Any guesses to which one of the Seagate Fat Cats went down to Austin TX for the weekend to catch concert maybe?

Apparently meeting today. Some joined by teams. Of course WhatsApp pinging. Not good.

https://www.wsj.com/articles/seagate-to-pay-300-million-for-violating-export-restrictions-on-chinas-huawei-9fbdc1a In-depth and clear indictment of the top two guys. This is grounds for dismissal with the possibility of time being served. Lets be... — read more 

This mockumentary-style series follows the fictionalized version of Seagate's upper management team as they navigate their way through the U.S. Bureau of Industry and Security's investigation and subsequent $300 million fine for violating U.S. export... — read more 

Pay cut has been announced. Only the Staff Engineer & Management Above will be affected. How about the coming RIF? How many people will be affected? Likewise also Staff Engineer & Management above?

Any word on what the US severance package will be for the up coming layoffs? With the 10% pay cut a reduction in the severance package seems likely.

Next RSU vest in sept, is there any way to persuade the company to grant them or need to forfiet if listed for RIF in May ?

The new version of training should include testimonials from our senior executives discussing Huawei. Can the new training be made available on Netflix?