Thread regarding Western Digital Corp. layoffs

Stock down 15% after earnings

They should fire the CEO and all the executives. This company consistently underperforms

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| 2821 views | | 8 replies (last February 12, 2022) | Reply
Post ID: @OP+1f0osRP5

8 replies (most recent on top)

DG could learn something from how Seagate handled earning call via after hour comments.

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Post ID: @gyxk+1f0osRP5

Strange days indeed.

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Post ID: @crje+1f0osRP5

Colossal failure at all levels..from CEO to his entourage of SVPs to the BOD. Please explain to me what all of these newly hired clueless about WD business Cisco people have done in past 1 to 2 years? Corp marketing is a joke and continues to be led by one of the most insecure leaders of all time, but she is the CEOs pet project. Seriously, what has this team accomplished other than wreaking havoc on everyone? Sad! Culture is dead. People are leaving at record pace. Pay is better elsewhere, as is culture and leadership. This is a C team at best. Mediocrity rules at WD. It is all about the EPS, reducing debt and pleasing shareholders and institutional investors..not about the customer! No innovation! Sad. Sad, sad! WD employees and customers deserve so much better!!!!

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Post ID: @5ofo+1f0osRP5

Goeckeler has done an amazing job. Sad to see he doesn't get credit when due. Stock price is only a result of macro economic forces.

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Post ID: @5hcq+1f0osRP5

Nightmare between Goeckeler and his “strategic” groupies who continue to disassemble and do nothing but tear down its people, the confidence and future. Unbelievable but maybe not. Cisco booted him and his team and now WD sees why. Inept and lack of substance to create and build anything. Self serving still day 1.

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Post ID: @4aew+1f0osRP5

No surprise on stock performance. Now WDC is purely a puppy of the Japanese company. WDC surrendered its part desktop HDD market share to Toshiba (from 10% below to ~20% now) in order to close the acquisition of HGST, later SanDisk is another disaster in which WDC has to pay ransom annually to Japan chain

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Post ID: @2kjf+1f0osRP5

New CFO should save the day. Hahahaha. CEO and his girls and boys club are destroying company.

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Post ID: @1oeu+1f0osRP5

It seems that wdc is becoming old hgst which was always underperforming. The two acquisitions didn't help wdc at all : losing hdd market share and stagnant ssd.

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Post ID: @1ukv+1f0osRP5

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