I'm wondering what you think - which groups will be the safest, and which the most impacted?
Seagate SG
Too many force leave in SG, some already took “advance leave”…does severance in SG always 1month/year of service?
November 1
November 1 was mentioned several times before as the date when cuts will start. Has that been confirmed or not? I'm not looking forward to a sleepless night and then finding out that I worried and stressed for nothing. I would highly appreciate it if... — read more
When they gonna announced? Till we clear our next year advance leave?
Severance package gonna be lower by then
Still Hiring Contractors After Announced Cut Off
When company announced to cut work force, some still hiring contractors!! Is it not spending money?? Does the higher management know what is happening??
HAMR will not work
HAMR and 30TB are just to keep BoD happen as hype. When the bubble burst, it will hurt the employees more. Sad.
Know folks in Lngmnt who aren’t worried and seem to be relxed
This is what they r doing Talk abt the grt food and benefits Njoy info with day trading Get to watch a movie everyday They don’t seem worried at all, probably they have job for next 25yrs..I want such life
STX to hit operators hard ?
Rumours coming in that STX are to layoff around 2000 operators globally ! If this is true - which Plants would these operators being coming from ?
3000 will actually See Gate!
Goodbye Yammer. So long Teams and Zoom. Farewell SAP. Thank you, Concur. Wonder who will get my refurbished laptop...
At least we have time to prepare
I know many of you hate that we were told about cuts in advance, but I'm grateful. This gives me plenty of time to prepare both mentally and in general. That'll make the whole process much easier, whatever happens in the end. If I didn't have this... — read more
STST
STST are going to get 8 weeks for every year for engineers and up
Question, will we have a Smart Lay-off?
Over the decades of watching these little dance parties, I have come to the conclusion that about 20% of the RIFs are done in a thoughtful way. The remaining 80% have been real head scratchers that could only come from HR mandates. The number of... — read more
Diwali party when 3000 are sacked
What a time to enjoy .
They think laying off 3k people will not affect results
I guess they expect the rest of us to compensate for those who were cut by working two or three times more than we have so far. Sc--w the fact we're already overworked, they can aleays push us for more, right? I don't think things will play out as... — read more
Can't even do layoffs right
So our Executives tell Wall Street they're cutting 3000 employees before notifying us. Then we are expected to continue on like nothing's happening for the "coming weeks" where we might lose our job. What!? What happened to notifying the employees... — read more
What does severance look like?
Does anyone know timelines or amounts for severance? Like two weeks notice
On top of it all..
Exclusive: U.S. alleges Seagate broke export rules to sell Huawei hard drives, person familiar says. STX had to file a separate 8k this morning. Potential penalties... — read more
STX is struggling. Maybe its best days are behind it.
Had a great time while I was there. Then my time was up after many years at the start of the pandemic with a very generous package compared to other companies. Hope the affected ones would get a decent severance like it used to be. Good company... — read more
Now we wait?
They drop a bo-b like this and now we're supposed to wait and see? How is that fair to us? This will cause so many sleepless nights for no good reason. If you decide to lay people off then tell them then and there. Don't do this vague thing and... — read more
Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown
Hard drive maker Seagate Technology said on Wednesday it plans to cut 8% of its global workforce, or about 3,000 employees, citing economic uncertainty and declining demand for its... — read more
Confirmed RIF of 3000 (8% of workforce)
Confirmed RIF of 3000. No dates specified but employees to be informed 'in coming weeks'.
More forced leave to be taken Seagate Sg
More forced and unpaid leaves to take except for those in management area which seems like a biased action in the company
Miserable feeling
I feel more than miserable about the fact that I'm still here. The best have left a long time ago, but I was hoping that something would change for the better and remained stuck here. Some have decided on quiet quitting, but that is also quite... — read more
When not if....
The issue of RIFs isn't "if" they will happen it is "when" they will happen and how deep they will go. Losing a huge number of sales of HDDs from our customers for FY23 is going to hurt, badly. The impact isn't even known yet. Cuts to funding... — read more
Survey….Will Nygaard make a better CEO ?
Like for ‘Yes’ Unlike for ‘No’ Let’s get a count folks
I'm more worried about people being overworked
I don't even care about layoffs anymore. If it happens, it happens. What I'm tired of is people glamorizing being overworked. It's not normal to work weekends and it's not normal to work holidays. You should not have to skip your kid's birthday... — read more
Layoffs cancelled!!!
I am sure it will happen in 2023 but we are good for now
Layoffs Before or After the Next Earnings Call 10/26
Maybe after makes more sense?
People worry ahead of time
Worrying ahead of time just wastes your energy. It is better to do the minimum required, polish your resume, look for new options, expand your network of contacts, try to save some money and the like. If a layoff happens, it's not the end of the... — read more
Speed of Science
With headcount dwindling the result will be more responsibility falling into the laps of the (fortunately) still employed. Don't expect feature demand to decrease with decreasing headcount. Don't expect schedules to push out. The likely result will... — read more
I'm trying to keep a job somehow
There are more and more rumors about layoffs and this has become a real mess. Some say that they would even like to be laid off, but there are also those of us who would like to try to keep our jobs. However, is it possible to achieve this by... — read more
3000 layoff Seagate singapore
3000 layoff Seagate singapore due to very low demand estimate till next two quarter.
Recruiter called - headhunting for Seagate employees because we’re all getting laid of
Got a call from a recruiter who’s specifically looking for seagate folks because we’re all getting laid off lol. Anyone experience anything similar?
STST
STST to close for a week beginning 24 Dec? Anyone able to confirm or deny?
Ops EVP step up to CEO
Best for an ops person to navigate the steep HDD decline?
I have to ask...
Where will Seagate be in 5 years????
Fochtman mucking Around
Why the eff is that Fochtman guy still around? With his multiple failures, he should have been long chopped!! His latest failure has been the Lyve mobile business which has some of the best people, but Focht’s lack of leadership has resulted in our... — read more