The word is they're aiming for a 7-8% cut on headcount in the US
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Close ectra DCs and factories based on vol and no of projects. Just cut some employees here and there won't help a lot.
Fremont is on the blocks. Think of it / Seagate pays higher in Bay Area than rest of the USA. Where does the money go? To property prices and government taxes - generally cost of living. Does company get any special talent for that price? Not at all. Then why not reduce cost to company by moving all those people to another city and reducing opex??
So are they screwing people cut in May and not paying the owed severance? That's the chatter. Seagate is already bankrupt but it will take a while before it's announced officially.
Let’s say they don’t do it..what the he-l is the next new thing that’s in pipeline
If the average employee knew what their coworkers were dling to the coffee pots and other sabotage inside the company.
I suppose they can keep whacking all the staff and eventually all those VPs and Directors, who has each other's back, will eventually have to start doing some of the work.
Do less with less.
I’m starting to get unhealthy thrills about layoffs.