2 jobs
5 years of declining revenue, botched systems acquisitions, failed SSD business, and an HDD PhD as the CEO who is disconnected from storage industry reality and what is going on in his own R&D. When will they do one of their jobs?
Micron buying Seagate would be like Seagate buying Samsung. You get a year, maybe two of a boost, then it's an anchor around the neck. I'd hope they're smarter than we were.
Micron is too smart to buy stx or hire from its toxic culture
Neither Micron, nor any other company would waste a dime pouring money into Seagate.
Or maybe, you just go work for micron.....if they’ll hire you...
Fire the ceo, sell to micron before debt is due
Be happy you all, sing along and rejoice life. For those of you who are negative,
“If you can’t be with the one you love, love the one you’re with”. ❤️
Lyve might be an ok small business edge solution
Edge products https://www.seagate.com/enterprise-storage/data-transport/
Can anyone explain what product Seagate has for IT 4.0 and the Edge other than hard drives for large centralized server farms? Why are they making out Seagate as an IT 4.0 edge innovator. Are there new products I'm missing? I don't get it.
Seagate quietly added a new board member from Cisco. His job at Cisco, control and cut costs. :(
The ceo needs to add Business Excellence to the board to turn the company around
The board will do 2 years, cash out their stock. They don't care and don't want to be around when the company can't pay its debt. Even with cheap money investors will eventually not believe the growth story the ceo tells
There is nobody on the board who represents the employees. There is no board member who really cares about the company long term either. If they cause a stink then they will jeopardize future board seats and easy money that goes with it.
The board also approves acquisitions, pay raises & bonuses for executives, and plans for staff cuts, so this shows where they have their heads wedged into.