Thread regarding Seagate Technology Inc. layoffs

can anyone elaborate what "LCO decimation" means?

Any insight or estimate how hard LCO is going to be hit? percentage?

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| 3421 views | | 8 replies (last May 24, 2023) | Reply
Post ID: @OP+1mI7RrGP

8 replies (most recent on top)

20-25% is in the rumor mill for LCO

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Post ID: @4efp+1mI7RrGP

It has impacted both systema and drive aide of the business, evwn though only systems is making revenue right now.

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Post ID: @2zrb+1mI7RrGP

Well, I guess that means only systems stays since the drive side did not produce as expected?

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Post ID: @2yhd+1mI7RrGP

If you don't contribute to revenue, you're likely gone.

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Post ID: @1hbl+1mI7RrGP

LCO has 1200+? 250 is not Huge

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Post ID: @1zxq+1mI7RrGP

I’ve heard around ~250 in LCO. unsure how many are actually still in LCO today at this point but if true, that’ll be a huge %

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Post ID: @1tcs+1mI7RrGP

The presence of many systems related businesses (those fancy names) but less than stellar past and future revenue puts a huge target on these groups.

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Post ID: @1gwk+1mI7RrGP

You have to make it to season 3 episode 4 of Spartacus to find out

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Post ID: @1yji+1mI7RrGP

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