Thread regarding Seagate Technology Inc. layoffs

I'm just going to leave this here

William Mosley
Seagate Technology Holdings plc (STX)
Dublin ,
Total Compensation for Fiscal Year Ending in 2021: $11,641,189
Salary $1,100,008
Bonus $0
Value of Stock Awards $7,054,961
Value of Option Awards $1,474,825
Non-Equity Incentive Plan Compensation $2,005,095
Change in Pension Value and Deferred Compensation Earnings $0
All Other Compensation $6,300
Total $11,641,189
Seagate Technology Holdings plc disclosed its CEO pay was 1,193 times its median employee's pay for the fiscal year ending in 2021.

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| 2921 views | | 7 replies (last September 16, 2022) | Reply
Post ID: @OP+1hTuoInt

7 replies (most recent on top)

"Other Compensation $6,300"
Glad to see he's maxing out his employer's 401k match 😂

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Post ID: @Rxzm+1hTuoInt

The WEF literally just came out and said you should not be allowed to own a car. https://nationalfile.com/wef-calls-for-end-to-private-car-ownership/. Not only does Seagate fully support the WEF, the send an executive there to come up with the agenda. Initials JM

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Post ID: @1rne+1hTuoInt

Seagate is a member of the WEF. You will own nothing and be happy crowd and the the top will own everything and tell you what to do. They think YOU are paid too much, NOT them.

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Post ID: @1gkp+1hTuoInt

Yup. Rest of the C-Level is up there too.
Mr. Mosley may work hard, but he does not work 1,193x as hard as the median employee.

Splitting his salary among all staff is just silly. Use it to increase the salary of the lowest paid, for whom a grand a year is a lot.

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Post ID: @1pud+1hTuoInt

I don't see this as a big deal. How much of his $11.6 million should be spread to the rest of the company of 40,000? If we took it all we each get $290. I think I can survive without my portion.

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Post ID: @adj+1hTuoInt

Another point to think about (not that anyone needs reminding): Given the inflation in the US, if your salary hasn't increased by 15% since Aug 2020, you've taken a pay cut.

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Post ID: @ztn+1hTuoInt

https://aflcio.org/paywatch/company-pay-ratios

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Post ID: @ikh+1hTuoInt

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