Topics regarding layoffs at Seagate Technology Inc.

Topics regarding layoffs at Seagate Technology Inc.

Time to short STX?

They can’t increase dividend anymore, as profit continue to decline. Debt is alarming. Need to cut 15% employees

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| 1504 views | | 3 replies (last January 21, 2020)
Post ID: @OP+137MW43Q

Let's have a micro survey here..

Just curious about the real micro survey result I feel belong here and valued as a person I trust the company's direction set by the executives I feel excited about my future in this company I'm supported in trying new ideas and... — read more 

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| 1610 views | | 6 replies (last January 19, 2020)
Post ID: @OP+134G6QeM

Stock price for real ?

Are we going to do better this earning or flunk? The stock has been trending up for quite some time!

Layoff in the works?

Hiring freeze in my team even though we desperately need more people. Is it a bad signal?

Any talented people stayed in Seagate?

Most of the talented people moved to other companies. People who stayed there useless people who can’t find another job, especially LCO. If they lose this job they are done. Lot of h1b slaves who graduated from level 2 universities have to go back. — read more 

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| 1690 views | | 3 replies (last December 19, 2019)
Post ID: @OP+12zkGAAc

HAMR status

What happened to our HAMR drives? Have we started mass production?

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| 2570 views | | 8 replies (last December 25, 2019)
Post ID: @OP+12xgnA1t

Quote from American Rhetoric (1991)

You know, at one time there must've been dozens of companies makin' buggy whips. And I'll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that... — read more 

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| 1370 views | | 5 replies (last December 10, 2019)
Post ID: @OP+12qL8xya

Wow - its quiet out there!

Everybody still recovering from Thanksgiving or has everyone with something to say waiting on their VEEP package clock to commence on December 20th?

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| 1670 views | | 4 replies (last December 18, 2019)
Post ID: @OP+12qm8ZnW

T-Mobile Data Breach

Dear CIO thank you for saving Seagate millions of dollars moving my Verizon iPhone to T-Mobile. Your leadership and wisdom is amazing. Now my Seagate and personal data once again has been breached. Signed All of... — read more 

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| 2260 views | | 8 replies (last January 17, 2020)
Post ID: @OP+12dp09S6

Seagate Technology Layoffs 2020

Is this going to be an interesting year as it relates to Seagate Technology Layoffs 2020? Any news or rumors?

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| 8690 views | | 7 replies (last December 10, 2019)
Post ID: @OP+125NRN2z

Returning is not a good idea

you're considering going back to a company that has already laid you off? if you're not happy w/ your current company, it's better to find another company. as an hiring manager, if i saw someone jump back and forth to the same company, it would... — read more 

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| 1540 views | | 3 replies (last November 13, 2019)
Post ID: @OP+11Z1XIp1

Should I go back to Seagate

I was laid off 1.5 years ago My current job is 40% more than Seagate But my happiness here is also 40% less Now one manager want me back coz one of his team is retiring. Should I go back? Should I ask for 20% more than what I was paid in... — read more 

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| 2000 views | | 9 replies (last November 13, 2019)
Post ID: @OP+11YHgpWP

Lay off

Huge lay off in January/Feb time frame. No info on exact time. Longmont will be affected. Especially, dothill division.

CUP / FRC Consolidation

Not thought out, poorly planned, simmering pot of ego's about to all be jockeying for parking spots. Bye Seagate.

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| 1450 views | | 2 replies (last November 10, 2019)
Post ID: @OP+11WZxmYi

Reorg and layoffs

They haven't decided to totally cut off all funds to R&D yet and we still have a large Seagate Research group funding all kinds of pet projects and stuff. Once I see that cut I'll have to admit, they are going to cash flow it all the way down. I... — read more 

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| 2051 views | | 2 replies (last November 6, 2019)
Post ID: @OP+11TaWGTT

FQ1 2020 Results

FQ1 2020 Results Non-GAAP Year-Over-Year Revenue DECREASE = 13.8% Year-Over-Year Net income DECREASE = 45.9 (ouch!) Year-Over-Year Earnings Per Share DECREASE = 41.4% Operating Expenses trending up. Look out below...

Voluntary Early Exit Program Who's jumping ship?

So what is your take on the VEEP offering to the U.S. based upper management tier? Will these positions be filled by non U.S. people? Will there be mass layoffs after MGNT get their golden parachutes?

Five year plan

This is my expectation over 5 years. It'll take time to unfold, so just start your preps. 2020: 35K employees. Exodus of best talent already underway will accelerate. Career growth opportunities shrink, disappear. Exit Systems business. Eliminate... — read more 

Seagate Benefits

Used to work at Seagate last decade. Seagate used to be a great place for benefits. Can current employees tell me: Does NRM still have the on-site fitness center? Loved going there, so convenient. Free yoga and boot camp classes. It was... — read more 

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| 3590 views | | 12 replies (last December 17, 2021)
Post ID: @OP+11eShJ2P

Time to oust CEO?

Noticed in the last day 3 CEO s have been ousted, wework, eBay, juul...is it time for new leadership for stx before it is too late? If in doubt watch the pathetic show at investor day last week. I say it is time.

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| 1640 views | | 7 replies (last September 26, 2019)
Post ID: @OP+11dpKLGe

Investor day embarassment

That was bad. The CEO showed a TAM of the year 2025, 27 to 30b in total revenue, that will be split between the 3 HDD companies, data from McKinsey. That is 10b each. Lower revenue than this year with costlier energy assisted products. And raise... — read more 

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| 2590 views | | 9 replies (last September 23, 2019)
Post ID: @OP+118mfs5H

How many of you are still happy at Seagate?

I see so much negativity here that it makes me wonder if there is anybody left at Seagate who is still happy with their job. I'm not talking about the constant possibility of layoffs - sadly that's a given in the majority of companies these days. I'm... — read more 

CEO sells $5m in shares

Were you happy with your little bonus? Believe the CEO is as bullish as he says? https://finance.yahoo.com/news/seagate-technology-plc-stx-ceo-231507874.html?.tsrc=rss

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| 1680 views | | 4 replies (last September 12, 2019)
Post ID: @OP+10ZhcTdb

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