Curious to hear everyone’s thoughts on the new bonus calculation. Assuming the company hits 100% achievement, the equation just comes down to salary multiplied by the pay level percentage. Unless you have a high base salary and a high pay level... — read more 

Solid earnings announced. Any upcoming bonus or rsu planned ahead ? Any future layoffs coming up ?

10 The "Pointy Haired Boss" comics write themselves. 9 Free Finance Lessons - $300M fine, dividends, stock buybacks, etc. are a different bucket of money than employee compensation 8 Many high-level career advancement opportunities for external... — read more 

Who the heck wants to live in the bitter cold of MN? So, LCO may shutdown.

Includes all countries and all computer parts and electronics. Really good for Seagate. The entire supply chain can move with zero tariffs. The stock should shoot back up over 100 soon. And higher if Q1 beats with a good Q2 outlook. Don’t worry... — read more 

I would say it increases by the day.

There’s hardly anything we can get done. You can only cut so much before you’re no longer viable. If leadership doesn’t come up with a smarter strategy than just letting people go, we’re going to hit a breaking point—everything will eventually fall... — read more 

They are hiring left and right before first healing the wounds of inflation and massive loss of spending power of current employees. How does that make you all feel about the healing process when your trying to pay for food, insurance, taxes etc?

We've had so many layoffs in the past several years and guess what - still no magic profit surge. When management is a one-trick pony with no clue how to do anything but cut people, it may be too much to hope for actual changes that could benefit the... — read more 

I’m personally hoping for one. I don’t have the courage to leave on my own, but being pushed out would take care of that. This place has drained any motivation I had – I can barely bring myself to go to work.

I don't understand why layoffs are even necessary when so many people - top talent, no less - are already walking away on their own.

I asked a ‘tongue - in-cheek’ question what ‘dark’ activities will be undertaken to bypass tariffs, and the post was deleted. Something doesn’t smell good here.

Another layoffs coming soon.. Good luck guys...

They cut through the bone, dismantling as much as they could, but they did the doers not mgmt, you would get a lot more bang for the money if you did several VP’s and so many directors. If you really want to sell then do mgmt.

Executive talk in shk today...Execs as usual pretending to care about customers and company. The only concern about dividend and buybacks and millions of stock options awarded to them. Who thinks all this exec series is waste of time and no one gives... — read more 

AI or copilot used for layoff ? How many folks are affected today. AI talk two weeks ago and suddenly layoffs announcement so not surprising...will AI replace future engineers? Make AI Great Again

The only ceo I know of who religiously reads comments here, gets mad and rants at his staff when he sees anything about him here.

We all know they love cheaper P1-P3's. ERP needs to be next to support an average salary decrease plan. Part of that plan is to ignore the 20% inflation over the last few years. It has been so convenient. Who would realize their spending power... — read more 

From the past 10 years, anything good the physicist doing for STX? And what is the reason he still here till now?

Strategy head axed due to differences with DM on doing business with China. Not everyone supports unethical criminal business.

Email sent out for new AI initiative for some groups self test and factory and servo and fw. When is the next round of layoffs planned ?

Are you going to answer it? You can be sure it’s not anonymous. I’m considering answering it honestly for the first time in about 10 years because it might increase my chance of getting a package

How about showing some Real Intelligence and start treating your employees as people not cattle? The people who actually do the work? The people who build and support the products? The people who allow you to keep paying the dividends to the... — read more 

Normally seagate will pay bonus in March/Sept. Anything about the March bonus?

Seagate just announced that they are buying Intevac for $119 million in cash. https://www.businesswire.com/news/home/20250213031336/en/Seagate-Announces-Agreement-to-Acquire-Intevac How does Seagate have the cash to do this when they are struggling... — read more 

Please lay me off! Been waiting for my turn patiently, but nothing happens, beed the severance money to help with retirement :)

https://stocks.apple.com/Aj63gOwgjTTa7hmVtCEdKag

Is Seagate inventing a new language I’m not smart enough to understand? Will it become a new acronym AIAM we can all put in our presentations to sound really really important so that only HDD insiders and cool people will know the plan?

Normally how do you handle the ESPP stocks, put it into the account or sell it immediately?

There are many indications that Drives and Systems may be split by location, SHK and LCO, dare to guess where each one ends up?

Looks like the folks that sold the illegal drives to Huawei are up to shenanigans... — read more 

Seagate better have a US production line plan ready to go because it’s coming.

Ravi Naik, Executive Vice President, Storage Services, will leave the company effective April 3, 2023. Seagate Wesbite Still Showing Ravi... — read more 

Local contractors with new super safe hard hats have started the process of finishing the interior of the new fab. Meanwhile raw human sewage is bubbling up out the floor with a smell that could gag a Trash Panda. Where is this nasty discharge... — read more 

Any thoughts on the Stargate announcement and the 10+ storage farms?

Not sure if this is very common in SG. My information about seagate employee is mainly from glassdoor. How about you? This site is anonymous. Last year during annual review, my boss told me he has done his best to strive for the benefits for all... — read more 

Last week, the insider trading course was assigned. Employees were taught to be "Ethical", "Lawful". "Don't trade on that day. Uncle Sam is carefully watching on all transactions of that day with his big a-s computer" What happened?

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