Amazing how there was no mention of a layoff from any of the people who pretend to be in-the-know

On his last weekends show, John Oliver had an excellent analysis on Boeing and how it went from the company that everyone envied and a pride of our nation to a company now producing cheap and sketchy products with half-baked product planning. The... — read more 

…so many total a$$ whole s? Serious question. I’m friends with many in other companies without this problem.

Anyone heard about it?

https://www.storagenewsletter.com/2024/02/23/seagate-confirm-300-jobs-gone-at-derry-plant/

https://money.usnews.com/investing/news/articles/2024-02-16/sony-to-partner-with-seagate-on-hard-disk-drives-used-for-ai-nikkei

Yes..!!!

Last week’s all managers meeting exemplified the poor leadership by this trashy woman.

No doubt it is

https://www.theregister.com/2024/02/01/seagate_northern_ireland_unionised/

Going down like a lead balloon in management offices. Derry Seagate workers vote 'overwhelmingly for trade union recognition' Seagate management must now engage with union reps and negotiate voluntary recognition... — read more 

The step increase in cost of making higher capacity drives while selling for lower price is what will ki-l this company.

What I heard is the pay cut has been fully restored. But some locations need to wait until it is announced in Feb or March. For those got pay cut, they get about 4 days leave as a token of compensation. It is not enough to cover the loss. All... — read more 

30TB launch for the save!!!!

I recently saw someone get promoted here in the states. Are promotions back on worldwide or was this a one off?

Can't make this cr-p up 🤣🤣 😂😂

Leaving aside all the bluster, was the Huawei situation the result of a national security crime by the CEO ?

The total inflation is estimated to be around 3.2% by main stream economists. How about you, seagaters?

Both get more than half a billion USD. Good for Micron. That's where the AI money goes. Not into spinning rust... https://www.digitimes.com/news/a20231227PD212/nvidia-sk-hynix-micron-hbm-supply.html

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001137789/29f95bb8-513a-46c1-bb8f-8e1682af6ed9.pdf

This is a generic discussion thread to capture comments about potential Seagate Technology layoffs? Any chatter, news or rumors?

Seagate Technology has a total debt of $5.67 billion, 52x its EBITDA of $110.0 million, a return on assets of -9.39% and an Altman Z-Score of 0.25. You wouldn’t know that its financials were less than stellar, given its stock is up nearly 63% year... — read more 

Dave, BS & CFO all have sold millions worth of their shares this month. Saw the public notifications when I looked up my stock accounts. Dave = ~$17M (what the heck?!), BS = $1-2M & CFO = $4-5M. What’s going on?

Anyone got an update on our VP numbers after all the layoffs? I believe we were around 80 before Covid.

Better join the company that developed it as this will wipe out current data storage technologies.

Maybe a goal based glad handing visit to show the troops that California still cares about fly-over people. Witnessing ERG round tables happening right out the gate. Sadly it looks like little chance of packages for the Holidays. Good luck Gaters... — read more 

Anyone else's department feel like a lost puppy? VP is all over the place and feels like we have gone back in time to no one talking and everyone fighting to shows whose is bigger instead working together.

I heard there are small "gifts" to those whose pay has been cut.

Please remember the better times with your friends and co-workers (past Seagate and current) during this weekend of hope and thanks

When are you going to grow some ba--s and do what the Open AI Board just did. https://www.cnbc.com/amp/2023/11/17/sam-altman-leaves-openai-mira-murati-appointed-interim-boss.html

WD had a large RIF on 11/15... usually that means Seagate is soon to follow with a RIF. How soon do you think our RIF will be? Will we have a merry RIFmas or a RIFsgiving?

I've been looking for a new job for a while and I think somehow my manager caught wind of it. I assume one of my current coworkers might have told him (by the way, never tell anybody at the office your plans - I learned that the hard way). I denied... — read more 

“Tough decisions”, “budget reductions” were just a couple phrases that popped up today from management with rumours of a pre-holiday cut….anyone else hearing the festive news?

Someone else brought this up in their thread and it hit me - big D never apologized for his call on Huawei. Not a word. Instead - he just said this is dealt with, good news, we paid the fine, move on. Bullsh-t. You don’t get to cram Integrity as your... — read more 

I'm feeling overwhelmed by the uncertainty, frustration, and stress that are now a mainstay of working at Seagate. I'm seriously contemplating trading it all for a simpler, more peaceful life. I am even considering tossing in the towel and working a... — read more 

Can’t seem to understand why even after so many layoffs and paycuts, people seem to boast about Seagate like wandering with id cards in schools and grocery shops. Trying to understand what makes them feel this special abt their company