What do we know: Ponytail was shown the door, at the same time 24TB HAMR is pushed out. WD is all in on MAMR Toshiba announced MAMR plans https://www.theregister.co.uk/2018/12/07/toshiba_goes_to_mamr/ STX has no MAMR plan and being late to the party... — read more
It is happening - just different
LCO, NRM and CUP have been hit over the last few weeks. They are not doing a big one day RIF to avoid negative press... instead, it is a few here and a few there. Big budget meeting on Monday Dec 10th - VPs from around world at CUP to decide the rest... — read more
Lay off imminent in the next Q
Global slowdown leads to recession, we are clearly heading in that direction, home prices falling, job market looks weaker now. Good luck!
Mark Re is out of Seagate
Mark Re is out of Seagate, major layoff next year, declining in demand, no more new innovation for Seagate, Seagate will be the next 'Sears'.
Product Launch Capability
Seagate engineering at NRM and SHK has been so decimated through large and small layoffs alike, that this is the result: SEAGATE WILL NEVER LAUNCH ANOTHER PRODUCT FROM MINNESOTA. Goodbye HAMR, too bad I never got to know ya.
beep....beep.....beep
Can security robots get laid off? Will patrol for recharge. Willing to retrain machine intelligence for human extermination.
Major lay off next year
Lay off started from higher level will continue until next year then followed by huge lay off at working Bee levels.
Avoiding huge layoffs as much as possible
From past experience it is highly unlikely they will do a huge layoff before year’s end. Huge layoffs are usually either in the Q3 or Q1 of the fiscal year. Q3 so that they can make the financial look good for the fiscal year ending in June. Q1 if... — read more
Any layoffs at Seagate before year's end?
I think we all know by now there'll be major layoffs sometime next year, but I'm more concerned about the current one. I keep hearing about people being laid off in small numbers nearly every week. Is that going to continue throughout this and next... — read more
Brutal 2019 with huge lay offs
Long mont dragster and DH will be affected
EDS, SRG, then FSG...
Planned sequence of BU shutdowns. Hot from the board room.
SEAGATE SHARES AD CLOUD COMPUTING
For all those of you that want a short but interesting read.... https://www.fool.com/investing/2018/11/12/how-seagate-technology-plc-shares-fell-17-last-mon.aspx
Employees are just numbers on the balance sheet
Ever since DM took over as CEO the culture in Seagate has been one of “just do what Dave wants”. The Executive Leadership team no longer cares about the issues and challenges that the lower ranks are facing. They care only about making the financial... — read more
After the stock market crash, housing market is the next, then jobs
Already housing market is shaking.
HAMR Status
Anyone working in HAMR can tell what’s going on in HAMR world. Have been hearing from management every year that next year it will be in the market with 20/40 TB drives.
Why don't Seagate acquire SSD company
I don't see any chance this company could survive in long run other than making SSD If WD can acquired SanDisk why don't we go for Kingston?
RIF Yesterday
Looks like a small RIF yesterday. Who was impacted?
Demands keep dropping,fear for the worst!!!
Do not stay in Seagate for too long,move on ,more cost cutting coming soon
Prediction
Next lay offs predicted for January.
SSD prices dropping drastically
SSD prices dropping drastically, Seagate won't have the chance to compete, soon will have a big retrenchment next year. The old days of HDDs finally ended.
Where is the worst Seagate factory to work in?
I always read the posts on Seagate layoffs and there seems to be a lot of negative feedback on specific factories.Where are the worst ones and why are they so bad?
Sears way
Seagate heading Sears-way in 4 years.
Seagate retrenchments coming soon!!!
Big orders cuts, projects on hold!! Be prepared the cycle of 2008
Hiring freeze
You'll get word of the hiring freeze soon enough. Word is just starting to spread from the top down. My manager flat out told me that he has been told from the VP no hiring till Q3. As we usually see, this is step one before a layoff almost every... — read more
Laid off
Are the people here concerned on getting laid off or not getting laid off? To be or not to be that’s the question?
Seagate Technology Layoffs 2019
Is there going to be any reorg or Seagate Technology Layoffs in 2019?
Lay offs imminent in Q1
6000-7000 minimum.
Focus on People the Seagate Way
What does "Focus on People" actually mean? I'm in my mid 20s, got hired in MN about 6 months ago. Seagate is definitely NOT like I thought it would be. Things I was expecting: Seagate advertised that they were the "employer of choice", whateve that... — read more
A lot of workers are right to feel insecure about keeping their jobs
If you don't work directly on products that have real customers lined up and a prospect of actually making money within 2-3 years, you are going to be non-essential when the the 2019 extinction level layoffs begin. 1/2 of R&D can be cut based on that... — read more
November layoffs at Seagate?
I've been hearing about significant layoffs sometime next month. Just a few rumors here and there, but there has been enough of them by now to have me worried. Do we have any idea if this is true or not? We all know more layoffs are coming, but I was... — read more
Can I short my own company stock?
Since we know everything, I want to short the sock. Is it legal?
STX stock bloodbath starts 10/26
WD just missed on revenue. STX will plummet. 30 handle will hit tomorrow like I told you. Management better pull a Musk style book cooking recipe out for next week. The slightest miss will be severely punished. For the rest of you, get ready to be... — read more
Watch the stock prices
The dip is here!!! We need some lay-off to push the price back up. Let the show begin.
Acquisition of DH us waste of money, it’s revenue going going down Q/Q
High time to dismantle it. Seagate paid too much for it. Too many employees, sitting idle whole day.
A list of signs that you are working in a healthy environment
Sure signs that you work in a healthy environment free from toxic politics. 1) Leadership is open, fair, authentic, honest, friendly and supportive. 2) Failures and mistakes are treated as lessons. Finger-pointing is frowned upon. 3) Employees are... — read more
The Motto is Real: Focus on People
Seagate has a long history of putting the focus on people. I don't think that point needs supporting. But HOW they focus on people is amazing. Imagine you were a cruel child and wished to torture ants. You'd get out the magnifier and FOCUS sun rays... — read more
Seagate's Debt
If you own this stock, what you own is a share of 5 billion in debt. If ALL post dividend income is diverted to pay debt assuming last years peak income will continue forever, your talking 15-20 years to pay it off. How much will HDD income grow?... — read more
Share price to hit 25?
As our innovation is lowest ever and demand for our product declining, our stock price may hit 25 by end of this year.