Planned.
Dothill employees ready?
Huge lay off in November, then guess who is going to acquire this company?
The end is 6 months away.
In 6 months the weekend workers will be gone, hammer will be be history and seagate will gut R&D. We will be a production only company as we die off.
LCO be sure to Boo CFO at All Hands Meeting on Aug 15th
He had the nerve to happily accept a 25% raise while sending us an email that there will be no raises across the company. That's $125K raise, folks! Same job, poor financial performance, but gets mo' money. We're not talkin receiving the usual piss... — read more
So long, Seagate Cold Storage
330TB per cartridge. http://www.techrepublic.com/article/ibm-breaks-tape-storage-world-record-with-330-tb-of-uncompressed-data-on-palm-sized-cartridge/
Condolences to my friends at Seagate
From an ex-Seagate employee, so sorry to hear of yet another layoff. Wishing you and yours well wishes and a speedy recovery. For those still at Seagate, I encourage you to look elsewhere. Seagate management has you in it's sights. You will be... — read more
Everyday at work, keep hearing these 2 golden words ...
AMS & HEPTAGON
Seagate is finished
Ok. Let me tell you what is going on since your executives will not. SSD has taken out 15K & 10K enterprise HDD as well as PC HDD. When SSD's are deployed in all flash arrays in combination with de-duplication technology, the SSD capacity need is 1/3... — read more
Did the Seagate deal going private involving Veritas & SilverLake Partners hurt the long term future?
The 2000 20-billion dollar deal looked like a great deal for Seagate. But, did it hurt the long term viability of Seagate by divesting interests in companies like SanDisk? YOU BE THE JUDGE. "I think the value the shareholders are getting is pretty... — read more
Did Seagate going private in 20 billion dollar deal involving Veritas & SilverLake Partners hurt the long term future?
The 2000 20-billion dollar deal looked like a great deal for Seagate then hurt the long term viability of the company by divesting interests in companies that Seagate had stake on? YOU BE THE JUDGE. "I think the value the shareholders are getting is... — read more
What Every Seagate Employee Should Know
I am not the original author of this statement but I thought it too important not to have a main heading of it's own on this forum. It might be missed by some if they didn't go into topic to which it was an honest and well written reply... "Ok. Let... — read more
What do Continuous RIFs Imply for the Future of Seagate?
Its probably obvious to most people here, but when you constantly RIF staff, what does it say about the future prospects of Seagate? This is going beyond simply weeding out the non-productive staff, it suggests that business will continue to decline... — read more
Is August at least safe?
I see people mentioning new layoffs most likely will take place in September, and I have not seen anybody mention August (haven't been through all of the threads here, though.) Does that mean we can relax even for a short period? I know something is... — read more
Another lay off in November?
Convinced
Dothill lay off in last week of November, 100% confirmed
Prepare your CV and dothill is sale again after 50% cut.
Don't believe Seagate's management
Don't believe anything management tells you. If any of the things management said were true we would be outperforming WD and Samsung combined. Our portfolio of media storage would be knocking our competitors into submission. We would be hiring 100's... — read more
The Register
https://www.theregister.co.uk/2017/07/31/flash_drive_revenues_twice_hdd_revenues/
Seeking Alpha
https://seekingalpha.com/article/4093185-western-digital-vs-seagate-technology?auth_param=1eaak3:1co1d66:2f593bf00c52ab6e4f50bb0c95f85323&dr=1
So,how bad is it?
RIF's, a huge drop in profits,falling behind other companies technology wise and seagates competitors seem to speeding miles ahead with new innovative ideas and products.Will it get worse or better? In my opinion its all going to go downhill as i... — read more
CFO got a raise!
Things must be looking up. COO and CFO leading the charge with annual increment of $250k and 150k. Who's next?
What's left on Xyratec after ClusterStor sold to Cray?
What's the plans for eVault, Lacie, and Dothill? With Samsung and Xyratec gone, Maxtor and Broadcom SSD were the only good acquisitions.
This Makes Interesting Reading
https://www.theregister.co.uk/2017/07/28/wd_results/
I think we fit the failing company to a T
I am sure everybody has seen stuff like this in the past, but this seems like a rather appropriate time for a refresher. 7 signs your company is going under—and how to save yourself Seagate is at least 5/7 on this... — read more
(losing business to) our competitor is the cause of all this
I was laid off yesterday. I don't blame anyone. it's the nature of the business. if you look at WD and Samsung quaterly report, their profit hit new highs, Samsung is making a lot more money from their storage and DRAM business, in a sense it has... — read more
Heard works moving to SRC
Anyone knows about bdc work moving to SRC?
Is TCO Closing?
Will the TCO site close in the next 6 to 12 months? Based on the various personnel cuts, mission realignment, and jockeying of responsibilities; this scenario looks unavoidable.
Impact on India?
Just heard - ~ 5 in Pune and 45 in Blr getting boot, mainly from Xyratech group. Can someone confirm?
Dothill saved? Just wait few more weeks.
BCG is working restructuring. Planning for big lay off Last week of November or 2nd week of January as per as their current schedule. 50% cut expected. Remaining team will be moved to Bay Area.
Tree full of Monkeys
You all really need to look at the Tree full of Monkeys scenario, the Monkeys on the top of the tree look down and see Smiling Monkeys, the Monkeys on the bottom look up and see a very different view of things.
Why nothing happened in dothill ?
Seems like dana screwed xyratech and saved his ex-company dothill.
Bonus rates are out
After the reduction comes the bonus rate announcement. For all our fallen comrades we would like to thank you for your sacrifices. We will march on with you in our hearts. Thanks for your sacrifices
Retrench zo bo lan senior tech.
Retrench zo bo lan senior tech, everyday only surf hardwarezone
Be gracious
Look, they're going to lay people off, that's simply not going to change. But what the managers can control is what they say in the layoff meeting. What words they use. What their body language says. The message should be, "we really value your... — read more
Different Approach
I wish that the leadership would have done more to address the impact this week would have on productivity and emotional status of every single worker here at Seagate. Look around, work is not getting done, and any meetings, nobody speaks about any... — read more
Ten Things to Do After a Layoff
Clean up your life, in every sense Do the basics. Update Facebook, LinkedIn, Twitter, if you are not on it, get on it Get a project, any project Network your a-- off, online/offline Fish where the money is, check out crowdfunding sites, you’ll see... — read more
Sour times
I wanted to give my best wishes to folks who underwent the layoffs. Remember, its not the end of the world and specially if you are on the West coast, jobs are a plenty... I don't think that the folks who are not impacted by the layoffs are feeling... — read more
Management IS THE PROBLEM!
My manager has spoken to me not more than 5 times over the last 3 years. How can this clown be writing my reviews? The only people in my department that get raises are the managers and engineers. I have NEVER seen so much animosity and hatred towards... — read more