Thread regarding Seagate Technology Inc. layoffs

How did you escape the laser 🎯 ? Hiding under a pile of 💩 is what I did

Don't get me started. He sold almost all stateside IT to India. US workers are not valued by most of the executives.

All I heard for years was how Ravi cut IT costs through amazing transformation and was leading the storage service future expansion of Seagate. Postings on and on about how awesome he was and how he's winning external recognition. Then suddenly bo-m. He's gone. Very strange. As if he was caught doing something unethical or something. Makes me not believe anything Seagate tries to sell me on if I ever did. Agree IT service has actually gotten worse and makes it harder to work.

Ravi --- Ha ha... The worst CIT VP seagate ever had.... Nothing worked in IT by the time he left. HR is worse...

We could have been sold to a company that had growth but our leadership greedily poison pilled Seagate with a debt bo-b on purpose to keep their little empire going

At the same time Seagate shrunk from $11.5B to $5B revenue. At the current trajectory it will be a $3B business in another 12-18 months.
So don’t innovate, don’t attempt a new business model, don’t take any risks and stay the course, while laying off employees, increasing losses, WHILE paying dividends, pocketing enormous stock grants, and committing national security crimes. Looks like a good strategy

OP is right - just because you are good at manufacturing doesn't mean you have the inside track on providing services. It looks attractive on paper, but you're competing against your customers who are also much better at it than you. The segment is so competitive that nobody is going to buy a second rate service even if it's a little cheaper. 5 decades of the HDD industry trying to be more than it is has proven that you can't build a SW or services business from a hardware and manufacturing business. Eventually, you'll hit a rough spot, and anything that isn't making money is gone. Like now.

Many here wouldn’t agree they are like cry babies who cry on things that are out of control like elections and other things .