Thread regarding Seagate Technology Inc. layoffs

Appreciate the job for the pay, be prepared to move on

Seagate has always been unstable. I worked there for 8 years and even as my training was ending, we had a layoff and just about every 6 months during my entire time there they had layoffs. Always be prepared to be walked out the door at any given time so long as you work there. Be prepared for job searching and get yourself off living paycheck to paycheck. No one is immune to being chosen to get walked out. Enjoy the steady pay for the time you are there, always be ready to be walked, and don’t
Let yourself get delusional that it won’t happen to you.

Ps getting laid off was absolutely one of the best things that happened to me, the stress of the chaos that this company brings into your life is probably far worse than what you realize and it’s a massive relief to be away from the constant stress and layoffs and disorganization that seagate brings.

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| 1981 views | | 3 replies (last March 15, 2021) | Reply
Post ID: @OP+19Rq9Fzb

3 replies (most recent on top)

It's true. I was in IT and what Ravi did to the entire US staff, making substantial cuts 3 out of every 4 years takes its toll. I was there for over 20 years.

I had come to expect it when demand tanked and the financials crashed, but in the end, even those didn't matter. We were getting chopped 10%+ even in good years from 2012 on. The constant uncertainty over those years really can mess with your mind.

You don't know how dysfunctional Seagate's MO is until you get out and work for a normal company.

I would take it even further. Make a regular practice of applying and hopefully interviewing for jobs. Always be ready to hit the ground running. Back in 2019 the package was very generous for long-timers. I'm not expecting it to stay that way forever. I didn't really hit my stride until the maybe my 5th or 6th interview.

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Post ID: @1unl+19Rq9Fzb

Good comment. Seagate offers the best pay in my area, but it comes with a price. I recommend saving or investing 50% of your income working here. I’ve done it for years and while you may see me pull into work driving my 16 year old hoopdee, you won’t see the quarter million I have in my account above and beyond my substantial 401K. Thanks Seagate. If you buy a new Tesla and 1/2 million house on credit and get laid off with nothing but debt that’s a choice.

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Post ID: @1erb+19Rq9Fzb

Very true. God Bless.

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Post ID: @msq+19Rq9Fzb

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