WDC
2023 53,000
2022 65,000
2012 103,111
https://www.macrotrends.net/stocks/charts/WDC/western-digital/number-of-employees
Seagate
2023 33,400
2022 40,000
2012 57,900
https://www.macrotrends.net/stocks/charts/STX/seagate-technology-holdings/number-of-employees
Still too many employees and design centers compared with revenue, drive shipped, and number of programs.
"The point being ?": A sinking industry
With only 60 or 70 of the 33,000 being VP’s it looks like we are light on VP’s. Can a guy nominate himself for a VP slot. Jet around the world take in the wonders of Bangkok Nightlife, what’s not to like.
So, Seagate can still shed about 7500 to get in parity with WD.
The point being ?