It's ridiculous how many people are leaving and how little the leadership cares. We lose people every week and they are not bothering to bring in anybody new to replace them. I can tell you right now that there's no chance that'll work in the long run. We might be able to cover for everybody right now, but that won't be true for much longer if this continues.
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Heard another layoff is this coming Monday, 24th. Glad I'm out of there (Longmont).
During Covid many people retired and many others move on. All this happened very quietly as they just disappeared but since working from home it was not even noticed. It is not like you saw there being less people at work if you came in.
I am under the impression that the company would rather have people quit that tp have to lay them off. It is much cheaper for them to not have to pay severance and also no news of layoff to have to explain.
A few years ago there was a push to hire new grads. Well they seem to come in last a few years and start to do good work and then it is adios as they see no path for themselves. Yet there is no effort to retain the experienced people. CEO thinks they are too expensive and that an engineer is an engineer and he can get one in Asia for 25% of the price.
When asked about addressing retention CEO says in an all hands meeting that if someone wants to go they should just go as there is lots of opportunity out there now. Years ago he even made comments that code developers just need to put their heads down and type. A real motivator.
Hiring managers make offers to people and are told by the candidate that they can not live in town for that amount and go on and find much higher offers. When the HR management is asked about the low balling and she told us that they need to consider the entire package including the view.. Hard to get a mortgage on the promise of bonuses and especially the view.
They tell us that they do competitive salary analysis but I think they only want the executive staff to be competitive.
Just look at the org charts and you get the impression that we have enough mid level to executive management in place for a 10X increase in personnel. If you remove the factory head count and the VP's related to that how many VP's are in place for the US workers? I think maybe 1 for less than 50 people. Hard to know as it is almost impossible to look at the online org charts and count the actual VPs.
Now it is time for austerity and this will be shouldered at the lowest levels. Just watch how where the reductions take place.
Yep. We are already sitting in many meetings looking around at empty chairs for somebody to fix things who has the knowledge and expertise to understand the problems and come up with possible solutions. Oh yeah so and so who used to work used to do handle those issues for us.....followed by silence.
I am willing to bet Seagate gets bought out by a company like Micron.