Thread regarding Seagate Technology Inc. layoffs

Top three locations

Korat=14735
Wuxi=6365
Woodlands=5373

and

Dublin=3

The trend is clear - jobs slashed for the last 5 years.

Over the past 5 years.

Percent decrease for jobs outside of Asia = 34.5%
Percent decrease for Asian operations jobs = 13.0%

But not to worry: “employee relations are good”.

2003: 43,000 (33,000 Asian operations + 10,000 elsewhere)
2004: 40,000 (30,000 Asian operations + 10,000 elsewhere)
2005: 44,000 (35,000 Asian operations + 9,000 elsewhere)
2006: 60,000 (46,000 Asian operations + 14,000 elsewhere)
2007: 54,000 (43,000 Asian operations + 11,000 elsewhere)
2008: 54,000 (42,000 Asian operations + 12,000 elsewhere)
2009: 47,000 (38,650 Asian operations + 8,350 elsewhere)
2010: 52,600 (45,000 Asian operations + 7,600 elsewhere)
2011: 52,700 (45,500 Asian operations + 7,200 elsewhere)
2012: 53,200 (45,000 Asian operations + 8,200 elsewhere)
2013: 53,200 (45,000 Asian operations + 8,200 elsewhere)
2014: 52,100 (41,400 Asian operations + 10,700 elsewhere)
2015: 52,350 (41,800 Asian operations + 10,550 elsewhere)
2016: 45,500 (36,100 Asian operations + 9,400 elsewhere)
2017: 41,000 (33,000 Asian operations + 8,000 elsewhere)
2018: 43,000 (36,000 Asian operations + 7,000 elsewhere)

2025: 0

Seagate 2018 annual report says this.

“At June 29, 2018, we employed approximately 43,000 employees and temporary employees worldwide, of which approximately 36,000 were located in our Asian operations.”

It also says this, which is true, but a company going down the tubes has trouble meeting this goal.

“We believe that our future success will depend in part on our ability to attract and retain qualified employees at all levels.”

And this which is complete b—s—.

“We believe that our employee relations are good.”

Dublin is a post office box close to the office of a law firm. Population zero.

Korat, Wuxi, Springtown, Normandale + other sites = 40k employees

Back in the day (say early 90s) Seagate had 130,000 employees, most of them working on production lines in Asia. Minnesota had a large (maybe the largest) number of employees in the States. About 3000 at NRM, and 1000 when SHK was built. But now, in 2000, the numbers must be much reduced. Reduced by half? Probably.