Thread regarding Western Digital Corp. layoffs

Executive bonuses

Will WDC layoff, sell property, and cut 401k again to fund executive bonuses, like previous years? If the board is happy, why change?

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| 1501 views | | 11 replies (last August 16, 2024) | Reply
Post ID: @OP+1tyERya4

11 replies (most recent on top)

ibm had a smart idea how to safe on 401k. retirement benefit account. now the 401k match is promised instead of paid. and a stable return equal to treasury rates are promised. taking away the option to invest in stocks. may be soon WD can copy this?

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Post ID: @uxqx+1tyERya4

These sh---y leaders do not deserve a penny. Sh---y leaders are running the company to the ground. Jump ship if you can swim. These fu----s already have life vests to save them.

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Post ID: @9clu+1tyERya4

More importantly will they actually give out STI and LTIs to the non-leadership team members who actually make this company run?

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Post ID: @8qxt+1tyERya4

annualized targets and bonuses are not necessarily aligned with short term bonuses

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Post ID: @5npr+1tyERya4

a broken their engagement is usually better than an expensive div0rce

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Post ID: @3oyv+1tyERya4

Many couples stay married as they are not brave or competent enough to get divorced.
Same for WD/SanDisk. Next meeting something like "macroeconomics" caused a change of mind. We stay married a bit longer or may be stay miserable until death separates us.

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Post ID: @2qua+1tyERya4

once benefits are leveraged to save cash they remain an option thereafter

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Post ID: @1zee+1tyERya4

retention bonuses for execs, svps, vps, srdrs, and key employees be in play as well to see through the split and drive post split performance

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Post ID: @1tqu+1tyERya4

Too many people are being allocated to flash. There will be cuts there eventually. They need to trim the fat before they sell it off.

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Post ID: @jmg+1tyERya4

the split will bring interesting times, so think about that

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Post ID: @bav+1tyERya4

Focus on the task at hand

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Post ID: @htq+1tyERya4

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