Thread regarding Seagate Technology Inc. layoffs

Employees are the ones who make or break the company

How the company treats its employees will determine the fate of the company. Making sure employees feel like they matter can make a huge difference in productivity and results. Seagate not caring about employees and how we're feeling will only serve to destroy the company further. Mark my words.

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Post ID: @OP+1oemQZAJ

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Wrong. It’s about keeping the HAMR myth alive. Why else do you think they sell it with a disc fail proof system? Think. It obviously isn’t 100% reliable. They want people to pay for capacity at scale, and not to offer refunds on failing drives. If the FAANG folks are smart they will buy from our competitors.

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Post ID: @7qmx+1oemQZAJ

"will only serve to destroy the company further."

There is no "further" at this point. They destroyed it the day they decided to switch the key objectives to dividends and debt as a business plan.

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Post ID: @gwh+1oemQZAJ

Statement is true for growth companies but end of life companies

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Post ID: @vyh+1oemQZAJ

that mindset shifted decades ago when stock based compensated focused CEO's on stockholders, aka stakeholders to make others feel good, like employees We're nothing but instruments of the system exchanging our output. for a paycheck The choice one makes is their willingness to accept the environment that system provides or seek an alternative environment

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Post ID: @yyh+1oemQZAJ

Correct. Look what happened to General Electric.

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Post ID: @eic+1oemQZAJ

Surely you jest! It's the shareholders! That's why they get prioritized above all else.

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Post ID: @zjo+1oemQZAJ

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