Topics regarding layoffs at Seagate Technology Inc.

Topics regarding layoffs at Seagate Technology Inc.

Shame !

DM destroyed Shugart’s dream !

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| 2450 views | | 7 replies (last November 20, 2023)
Post ID: @OP+1ptSK6Ta

Worst Head of HR

Can you rate who the worst head of HR, CFO and CEO in Silicon Valley are ?

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| 1690 views | | 2 replies (last November 7, 2023)
Post ID: @OP+1ppDWz0I

Undecided on union

Didnt know where to share this but for months, ive heard nothing but Union this and that. Ive avoided all talk of it from both sides. Im not a rocket scientist but is it really the right time to negotiate when so many were let go so freely in the... — read more 

Is right now a good time to join seagate?

I recently got an offer from Seagate. P4, business/non tech position, remote. During the interview, they talked about HAMR a lot. Is it a good time to join Seagate? I do think storage business has a good future due to demand

Prepare for layoffs

We know that this leadership (can we even call them that?) only knows how to react to bad quarters with more layoffs. There isn't a chance they're going to miss this opportunity to get rid of more people to artificially and temporarily fix the... — read more 

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| 3280 views | | 8 replies (last November 6, 2023)
Post ID: @OP+1piurhAw

Another bad quarter

8.9% operating margin, lost $184M, -$0.88/share. Another layoff inevitable. We saw this coming months ago, so HR has been preparing for it.

Another one is coming this nov and dec

Another one is coming this nov and dec to end a good year for Seagate. Manpower will be squeezed ,merging of department so staff can handle more areas, expected to be more multi tasking needed. Dont expect increment for the next few years.

Earnings report on 10/26

Should hear about Nov RIF during ER. Revenue expected to drop again. Need to sell more Spidey man drives!

Criminals

Someone posted this - “ In sports, fixed salaries are often converted into signing bonuses as the accounting is different. Seagate giving out RSU instead of restoring the salary cuts has similar accounting effects. In fact, I think Seagate should... — read more 

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| 2380 views | | 5 replies (last October 29, 2023)
Post ID: @OP+1paYRFMe

Manager informed me I'm on the list for upcoming RIF

Manager told me that my name was on the list for upcoming RIF in November. He wanted to give me heads up to prepare. I'm a materials engineer @ NRM He said pretty much every group is going to be impacted and it is expected to be bigger than last... — read more 

Chief Legal Officer

Is in hot water over the Huawei deal. Investigation just got done, axe to fall….scapegoat.

STST Union Train Full Steam Ahead

With all the Senior Management and Director promotions last week, the old Union Train has gathered momentum!!! (From Spring Town Facebook Page) The Industrial Court have just released the result of the membership check. As we have indicated all... — read more 

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| 2510 views | | 14 replies (last October 27, 2023)
Post ID: @OP+1p1Tzef3

It’s Happening!!

Rumors are leaking (should have confirmation soon ) that they are shutting down the whole Lyve group except for Mobile. Everyone from VPs on down are to be eliminated. Apparently the hotshot that they brought in from Amazon turned out to be a wet... — read more 

WDC & STX trade offer

On behalf of angry WDC employees i propose the following trade: Your overpaid incompetent management for ours? I will even through in our BODs and the flunkys our exec team brought in with them. What say you STX?

Congratulations

Congratulations to all the ones who got promoted in Springtown this week. Its great to see managers getting promoted to director level and so many principal engineer promotions being handed out. Obviously the good times are back, for some, at a... — read more 

This needs to stop

Stop laying people off! We already have plenty of projects we can't deliver on time and services we are barely able to keep up with because we simply lack the resources to do so. And by resources, yes, I mean people. We are struggling here and the... — read more 

Succession

The rumor within the sales team is that the head of sales is getting ready to move in to the big fat man’s job.

Death of a company

Seagate is the perfect example of how good companies go bad and then die in a single generation with one bad leader, the blame solely rests on the board.

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| 1650 views | | 5 replies (last September 29, 2023)
Post ID: @OP+1oO3oaYB

Next Divvy?

I wonder if capital D is planning to mess with the next dividend, so he sold off all that stock to be insulated from the ramifications...

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| 1010 views | | 3 replies (last September 29, 2023)
Post ID: @OP+1oOj9A8n

Reward excellence

Seagate's current approach has been to do a pay cut regardless of performance, based on level (effecting higher level employees), in the hopes that a smaller layoff could result. I think it's time Seagate change strategy and cut low performers and... — read more 

Sc--w SSDC

No one comes to work anymore. People speeding in the carpark, cars and bikes driving against traffic direction. Toilet no soap, toilet paper breaks smearing your finger with sh-t, and sh--s goes all around.

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| 1620 views | | 5 replies (last September 22, 2023)
Post ID: @OP+1oJ1qHBW

New FW VP Changes

Lots of changes seen in fw org recent times.... . attrition increasing as well. What do people think?

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| 1790 views | | 5 replies (last September 22, 2023)
Post ID: @OP+1oIBMT2C

Cheaper is not better

Can somebody please explain to Seagate leadership that cheaper DOES NOT equal better? That it's exactly the opposite? They will completely ruin a once great company by focusing solely on cost cuts instead of focusing on finding ways to create a... — read more 

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| 1750 views | | 8 replies (last September 19, 2023)
Post ID: @OP+1oFwOxRd

Can Employees fire the CEO ?

Why not ? Everyone works for the betterment of the organization and the investors. If the majority of employees deem a CEO to be incompetent, lazy and unfit, they should be able to fire the CEO. Let’s act, let’s own the destiny and get rid of the... — read more 

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| 1460 views | | 7 replies (last September 18, 2023)
Post ID: @OP+1oE8sdoA

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