I started working here when this company still had quite a bit of relevance. I know some great people who wanted to get a job here at the time and failed. What happened in the meantime is still not clear to me but now no one with high potential wants to work here. Could it have been otherwise?
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Look at all the groups that are having significant percentages "redeployed." That translates into, "Find a new job," in any language.
My guess is 20% minimum. Thank goodness I'm close to retirement.
I’m not sure what will implode first and go bankrupt. Seagate or the Peoples Republic of the Disunion of States
It is the Board of directors too. Activist investors like valueact are focused on short term $. Nothin else matters. A real product roadmap requires billions in investment and a vision, and they are not in it for the next product cycle. They will hang on until peak hamr hype and then get out and let STX sink.
- CEO has no vision or strategy
- CEO is surrounded by cronies and diverse opinions are not allowed
- HDD people are only promoted. To every problem is an HDD solution according to leadership
- Constant layoffs have created a toxic culture, plus the above
- It is all about stock price, employees do not matt
- Those who have pushed good ideas have been pushed out.
- Interview process is a joke. Most managers will take any body it is so hard to hire