Thread regarding Seagate Technology Inc. layoffs

https://www.lawfareblog.com/seagate-technology-and-case-missing-huawei-fdpr-enforcement

a couple of key points:

  1. For some companies, noncompliance may be considered good business as violating the export controls may result in penalties that will be a fraction of the revenue the companies gained by violating the law. (that was the best we lost)
  1. The Senate committee report concluded that “Seagate likely made the strategic calculation to continue violating national security regulations based on the prospect of earning significantly greater profits through market monopolization than the potential cost of regulatory penalties. (was it worth it?)
by
| 2111 views | | 4 replies (last May 31, 2023) | Reply
Post ID: @OP+1mQNZi3z

4 replies (most recent on top)

WD employee here and we were very disappointed with the punishment and calculated STX made money all in. Believe you guys continue to support sales to Dahua in similar violation.

by
| | Reply
Post ID: @3mqt+1mQNZi3z

For the sake of the entertainment value I challenge Heavy D to give Huawie another one million plus drive sale. The Heavy D that I’ve come to know and love would never stand for some government bureaucrats pushing us around. We really could use the money in these hard times. Seagate is an Irish company and US laws do not apply to Seagate so we can sell drives to anyone we want to. Don’t be pushed around Heavy D sell those drives!

by
| | Reply
Post ID: @1tlj+1mQNZi3z

I heard of the Ethics hotline from the 1st day of my service. However I never looked at it.

It seems this hotline is direct to CEO's desk. I clicked that Ethics hotline link and saw Dave's smiling picture.

by
| | Reply
Post ID: @1std+1mQNZi3z

implies we calculated the cost / benefit of violating national security and chose the revenue and pay the penalty, what ethics

by
| | Reply
Post ID: @1zsw+1mQNZi3z

Post a reply

: