When do managers get the list of those they must inform?
Will 30TB Actually Happen?
Can STX deliver 30TB? Even before the cuts this seemed like a stretch. Does it even make sense to bring to market with NAND so cheap?
Spend top $ on ceo circle
“BS” still promoting big spending on his functions by pushing for the ceo circle spending. This is when engineers and other fucntions are losing jobs. No sensitivity at all…..Surprising why Mosley and CFO and JeffN other leaders are permitting this... — read more
RIF CEO
It is time for the CEO to be gone. We all knew this day would come of massive change to demand and the quick decline of HDD. This CEO will be the joke of MBA business cases for years to come for not having a strategy to mitigate this decline with... — read more
Almost everyone would like to leave here
The atmosphere in the company is such that the majority of my colleagues intend to leave very soon even if they are not RIFed. Perhaps the leadership should ask themselves why this is so, despite the fact that the situation on the job market is... — read more
How many to be RIF'd
If Facebook is laying off 12k, what does an old tech company like STX layoff with limited growth prospects? 15k? 20k?
Layoffs started?
Have the layoffs actually started? Nothing at my location yet.
Layoff started. Contract workers be prepared.
Layoff has just started, nwbies and contract workers please prepared
Cronyism runs rampant
If you expect to be judged based on merit, think again. Promotions are given strictly based on who your friends are, at least in my department. It’s hard to watch as good, knowledgeable people who work hard get passed over for promotions over those... — read more
WHO ELSE WANT TO LAYOFF & GET THE SEVERANCE PACKAGE?😊
Hoping to be chosen & pls immediately now
Singapore layoff 200 to 300?
Heard rumours on singapore layoff 200 to 300
Cost of living payment
Any truth in the cost of living crisis $1200 or £1000 one off payment to all employees ? Very sceptical myself as the place seems to be doomed esp here in STST
It can only get worse here
Even those who are not affected, I hope they will be wise and run from here fast. Because what can we expect in the future here? If you ask me, nothing, except things getting worse. They demand maximum productivity from employees while at the... — read more
Impacts breakdown by location
Any knowledge of the potential impacts breakdown by location? I'm interested in this too. Maybe someone has some info?
HDD Demand to Slump Sharply Through at Least 1Q23
https://www.storagenewsletter.com/2022/09/26/hdd-demand-to-slump-sharply-through-at-least-1q23/ HDD Demand to Slump Sharply Through at Least 1Q23 Following public releases and comments by Seagate and WD This is a Press Release edited by... — read more
Any cuts to VPs or Business Excellence team?
I figure as long as bloated teams like Business Excellence are around and people with titles like Chief of Staff, we have many more layoffs to go. Cuts need to go into the 5k plus range. How about all the VPs, any of them part of layoffs?
Severance
It's very likely just a misunderstanding, but someone told me that I shouldn't get my hopes up for the package, which is the main reason I'm still here after all. Can someone please tell me if there have been any changes in the severance plan... — read more
If you saw this coming back in early April 2020, please...
give this post a +1. Thanks and have a wonderful weekend.
Hdd FW Trim /attrition
Hdd fw seen some changes with couple of directors and the technologist leaving. Interesting times. Looks like plenty of new hires recently. Wonder if we will make it to 2023 with the stock market tanking and EU zone entering recession. Demand Outlook... — read more
It is impossible to feel safe here
I am extremely anxious. Does anyone know who will be the main targets? I know that no one is safe, but is it possible for some positions to be a little safer than others?
Seagate is sinking fast
Morale is destroyed. I doubt that this company will ever be able to attract the kind of talent it had. Now the only question is how far is Seagate from rock bottom. What will this place look like after these layoffs? Even worse, what will... — read more
Its confirmed worldwide layoff around 1500
Layoff worldwide confirmed estimated around 1500, batch by batch progressively, starting with management side. Starting October onwards
Uncertainty has a terrible effect on morale
Although I try not to worry and think of layoffs as the end of the world, I am still very anxious and worried about what will happen next. Didn't we deserve at least a little more transparency? Worst of all is the uncertainty. Rarely can anyone do... — read more
Headcount from yesterday?
Anyone has a head count from yesterday's 'RIF' ? Lyve, Cortx, etc...
Heard cortex got the rap?
Ny news folks . How many where etc. Details plz...
I can't imagine that ever happening
But in the end, the company will always lay off people rather than cut the dividend. The executives and BoD are addicted to the dividend and will sacrifice projects and capital to protect that dividend. I completely agree with what someone wrote... — read more
Layoffs at Longmont center- Lyve Orchestration + Fleet
effective immediately, revoking access within hours. no ability to transfer or be placed on another team.
Anyone heading anything about details and timing of the Big RIF?
Any news about timing? October? Later? I have heard this will be about a $ reduction and not headcount. What does that mean? If your org doesn't travel and doesn't buy capital equipment and any large quarterly expenses have already been deferred... — read more
It's all you think about Dave.
Heard at employee meeting this week when addressing dividends and capital spending, "We have to think of the shareholders." Dave, that is ALL you think about. Stop trying to nuance the mess you guys have created.
Attrition is getting out of hand
It's ridiculous how many people are leaving and how little the leadership cares. We lose people every week and they are not bothering to bring in anybody new to replace them. I can tell you right now that there's no chance that'll work in the long... — read more
Laying off recent hires
I came here not long ago and now I'm already hearing rumors about cuts. Some advise me to start looking for something else. Is this another one of those companies that, due to its poor planning, are cutting the recently hired ones as well?
Singapore layoffs
Can anyone confirm for Singapore, this round at x18, next round after next year capped at x12? Moved this into a thread in hopes of getting some answers.
Get ready and hold tight - End of year layoffs
Rumours about layoffs coming in next couple months. Anyone heard anything or know which departments are affected?
Low demand, recession coming, no prospect, layoff coming 2023
Seagate shutting down soon, low demands for the year 2023, expected very low or no bonus and increment, the repeat of 2008 to 2011 era, chances of mass retrechment are high, be prepared. Be recession coming 2023. Please save as much money you can... — read more
TIMBER...
The sounds of dead wood will soon be heard in MN. Free, cheap money is no more and so is the ability to keep inefficient, overpaid fan boys of management. Need people who can actually do something productive and not just parrot their management's... — read more
JPow says...
Bringing inflation down is more important than our jobs. I'm starting to like that guy.
"Just leave Seagate for a better company"
Yes, I know that even without anyone giving me advice that I should always be on a lookout for opportunities and leave this place for something better. But is it really that simple? I'm ashamed to admit how long I've been sending applications... — read more
They do nothing to prevent layoffs
It is hard not to notice that everything here becomes a reason for layoffs. Even the smallest "turbulence" results in laying off some employees. It is simply terrible to work in such a company where the leadership does not think at all about the... — read more
Are layoffs done?
Were there more cuts yesterday or was everybody notified on Monday?