Thread regarding Seagate Technology Inc. layoffs

4 great quarters, sump to a full year of profit again

Still awaiting for RIF? You all can wait till your neck long long line giraffe. Now the only way is UP UP UP!

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| 1681 views | | 4 replies (last August 3, 2019) | Reply
Post ID: @OP+10maAcZg

4 replies (most recent on top)

What color is the sky in your little world? It was a terrible quarter. Compared to a year ago, 500m drop in revenue, 6 point drop in gross margin, 100m drop in cash flow, 50m drop in op ex from all the non rifs that go on but everyone pretends is not happening, 3k drop in total employees. Also, 63m spent on layoffs last quarter alone.

Review at least the supplemental financials. You will be a more educated troll and stop misleading people.

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Post ID: @tvj+10maAcZg

Percentage of dividend shoots through roof as stock price drops like rock.

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Post ID: @jel+10maAcZg

All profit, no employees.

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Post ID: @hyi+10maAcZg

All the negative replies are from those RIF's sour grapes dudes 🤣

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Post ID: @qvv+10maAcZg

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