Seagate = Jenga Seagate and Jenga are amazingly similar. The game at Seagate is played by removing an increasing number of worker bees at the bottom, with the blind belief that those managers at the top (who don't do work but do manage) will be... — read more
Profit share.....dont hold your breath
https://www.theregister.co.uk/2018/01/29/seagate_q2_fy2018/
Focal increment/Profit Sharing on 30 January
2 more days prior to the most anticipated announcement 😊
Jan 24th is here. Any layoffs today?
Someone on this board said before today is layoff day, did it come true?
Oklahoma City CSO
To protect their bonuses the leadership in OKC, specifically Shenedra and Kelley, have ordered 10 hour workdays. The staff was told to make other arrangements for personal life events and childcare or quit. No exceptions. Only 4 days notice. Staff... — read more
No need for Seagate or any company to provide raise in USA anytime soon with new 2018 tax withholding changes pending.
Seagate USA should be thankful that they have Donald Trump to give out a focal increase with new tax law. Trump is making America great again! People should put a picture of their great president in their cubes or in their homes to show their thanks... — read more
Seagate 5U84 enclosures @ CES2018
https://www.theregister.co.uk/AMP/2018/01/09/seagates_ces_splash_and_clusterstorlike_dash/ Is this not designed by dot hill? This would and should of killing DH closure rumors.
Ken’s Advice
I received advice from this guy named Ken; when I asked him about the layoffs. He said, "you got to know when to hold them and when to fold them." We talked about career changes and he said, "you got to know when to walk away and when to run." That... — read more
How Seagate lost $171m before flogging off EVault
https://www.theregister.co.uk/2015/12/17/how_seagate_lost_171_million_in_a_vault/
Boy, is this Spot On
https://www.glassdoor.com/Reviews/Employee-Review-Seagate-Technology-RVW18522428.htm Get out before you're cut out. It's way harder to get a job when you're unemployed, even if you're only employed by Seagate.
Seagate = Jenga
Seagate and Jenga are amazingly similar. The game at Seagate is played by removing an increasing number of worker bees at the bottom, with the blind belief that those managers at the top (who don't do work but do manage) will be stable and fine... — read more
1. Hiring a new CEO
GoPro founder and CEO Nick Woodman can't be ousted, since he's the top shareholder and still owns about a third of the company's shares. But under Woodman's leadership, GoPro leapt into new markets -- like media content, VR, and drones -- without... — read more
where is the most anticipated profit sharing & increment?
wait long long again?
Shakopee: Layoffs Continue
SHK had another round of layoffs this week, primarily focused on engineering and some significant upper management. This was a smaller layoff, similar to the Christmas Layoff - about 15 people. There is no end in sight to the trickle of random... — read more
What is the latest slogan? Focus on people?
yeah right!
Lower management is as bad
In my division, all management is bad. Ask employees work hard and be innovative. They will try to hire their friends and let go the people speaking the loudest.
More Engg Layoffs
This is not a rumor, more engineering layoffs are happening (on top of Dec announcement) in US and India...not on a large scale but the fact that all of them are happening in R&D engg teams (who are supposed to develop future products for Seagate)... — read more
Like Watching Rome Fall
One only has to read a sad review like this one to crystallize your purpose: https://www.glassdoor.com/Reviews/Employee-Review-Seagate-Technology-RVW18522428.htm After reading this, there are three options: 1) Do nothing different. Watch all your... — read more
Stock is approaching $50 again
Things look good. layoff may not be needed in the short term. good luck, all. back to work now, everyone.
New hires, travel, and focal increases on the rise!
Can only mean one thing: The same upward trend we are seeing in the business market is impacting Seagate in a postive way. Got a kid on the way and now me and the wifey are thinking of looking for a house in the suburbs. I'm so happy that I want to... — read more
It's all about the Divie
It formula is simple. Generated Revenue - costs / shares. When this is projected to get anywhere close to the $0.63, assume more cuts. The management made a calculated (and a bit criminal IMO) decision to go to a 63 cent dividend a few years ago when... — read more
Run for your goddm lives!
3000 Rif comming by end of 2018! No joke!
I heard my VP today DH will outsource IT support to Bangalore lay off in Longmont by March
Lay off in LCO will be around 150.
Is it true?
I am hearing that there are no longer any VP's in the OKC location. That they are trying to close 101/102 and out source IT and technical support? Mostly hear about IT at this point but nothing about the tech support side of things.
Happy Holidays
Let’s continue the subject after the new year. Remember HDD is like stamp, it’s glorious days have passed and it won’t extinct like pony express or floppy drives. I would say DVD and blue ray, but I think they will go away in 10 years.
600 worldwide RIF incoming
Likely done by the end of the holidays. From Nygaard's mouth.. NRM is not finished (after being questioned if only IT was getting the axe) Good luck everyone!
Seagate Management
"Only the mediocre are always at their best." - Jean Giraudoux
Queen’s University Belfast Honors Seagate’s Stephen Luczo
https://finance.yahoo.com/news/queen-university-belfast-honors-seagate-103000369.html
Focal increment in February 2018
I heard about this mentioned by a few Seagaters.... they may have reliable sources
DInner & Dance @ MBS Singapore
Who said we going downhill. We still got many funds to date. Even hold two Dinner & Dance @ MBS Singapore, one of the most prestigious hotels. We going strong even in the next decade to go ..........
2018 Layoffs: Continuing as Planned
The next wave of layoffs is in March 2018... Another wave is in June right after the US Data Center move from OKC to Shugart is finalized
Whereabouts of $0.7B from WD
Reading these posts about Seagate 'saving' $65M by more layoffs reminded me of another cash windfall. Anyone knows if Seagate ever recieved 0.7$B or so from an old lawsuit against WD and S. Mao?
DH layoffs
When is it? I head March 2018? My manager is aware of it. But he is quiet.
More news about those 500
https://www.theregister.co.uk/2017/12/12/seagate_500_jobs_cut/
500 more, is this true?
http://www.zdnet.com/article/seagate-to-cut-another-500-jobs/
Separate lay offs for DH employees.
I heard there will be different lay offs for DH employees -massive lay offs in next Quarter January to March.
More layoffs this week
I've been hearing and reading rumors that we can expect more layoffs this week. Anybody knows where the info came from and if it's reliable? It takes special kind of cruelty to leave people without a job this close to Christmas, but to be completely... — read more
A story
A long time ago there was a company that built cheap television sets, the way this company did it was to take an expensive high end television and start clipping out components until the TV didn’t work anymore, they would reattach the last component... — read more
Whose brilliant idea was this?
Seriously, who thought that the best way to save a company is to pretty much get rid of its local IT department? I've worked for a company before where all IT related matters had to be resolved through a department in another country. It was a total... — read more