Thread regarding Seagate Technology Inc. layoffs

RSUs

Anyone else get RSUs recently. I got some but my boss said it was only a couple people per team that got it

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| 2991 views | | 22 replies (last August 27, 2023) | Reply
Post ID: @OP+1oaJm3Rd

22 replies (most recent on top)

got some too. they must know I started looking elsewhere hard

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Post ID: @9oqa+1oaJm3Rd

I got my RSU letter today. Senior Staff Engineer and it was about 20% of salary which has been typical the last few years.

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Post ID: @5ftg+1oaJm3Rd

Lol - I got a set of 5 steak knives - and I have quite the pile growing.

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Post ID: @3qzo+1oaJm3Rd

Who ever said VP is 100k is wrong. VP Longmont RSU’s granted 5Million value

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Post ID: @3nmq+1oaJm3Rd

Pay to be restored in October Im told.

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Post ID: @3sjv+1oaJm3Rd

@3udg+1oaJm3Rd Senior VP 100k, is it per month??

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Post ID: @3nkl+1oaJm3Rd

The max i saw was 50k. 100k must be senior vp level

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Post ID: @3udg+1oaJm3Rd

Core team leader here in Longmont..I got 1.2Million RSU’s vesting over 4 yrs

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Post ID: @3jwl+1oaJm3Rd

I got $1.7M…

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Post ID: @3fjx+1oaJm3Rd

Getting RSUs is nice. What I really want to know is when will I get my salary cuts restored?

I did not sign up for replacing any of my salary cuts with some RSUs that take years to fully vest. I need my money!

I am still going to explore better paying job opportunities.

Nice try, management!

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Post ID: @2pzl+1oaJm3Rd

This indicates the share price is absolutely going down for the next 4 years. Considering the huge amount of RSU, with high level debt, I don’t think Seagate is able to pay you the amount. The only way is with discount, or RIF those with big amount of RSU.

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Post ID: @2bmy+1oaJm3Rd

Considering Seagate’s financial health what are the vesting dates did you get?

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Post ID: @2soz+1oaJm3Rd

If Hubby is smart he will get a divorce.

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Post ID: @2mat+1oaJm3Rd

my husband: no RSU.
he is useless so it is fair

happy wife, happy life.

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Post ID: @2fsi+1oaJm3Rd

Staff to Sr Staff 100k
Managers 150k
Director 200 to 300k
VP 500 to 1M

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Post ID: @2foe+1oaJm3Rd

Who's departments gave them out? Also what's a good amount for a manager level employee?

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Post ID: @2cdj+1oaJm3Rd

How much are those worth in bankruptcy?

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Post ID: @1qym+1oaJm3Rd

Didn't get any RSUs, didn't hear about my peers getting any. But I volunteered for RIF in May and didn't get RIF'd, so I don't expect any RSUs LOL

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Post ID: @1pfj+1oaJm3Rd

Most on my team got them. Amounted to the amount of my pay cut. Was asked if the amount was ok. He!! I wasn’t expecting anything so yeah, was ok. Roughly 16k worth. Whoever said 100k in the other post, congrats on that amount. Wow.

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Post ID: @1emt+1oaJm3Rd

Nice 100K, divided to 4 years, 25k per year. So you get 2k equivalent per month.

You must be a senior Manager level or above.

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Post ID: @1pso+1oaJm3Rd

I got 100k

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Post ID: @1bbv+1oaJm3Rd

no

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Post ID: @1vqy+1oaJm3Rd

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