No doubt about it
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http://forums.theregister.co.uk/forum/1/2016/01/30/seagate_fy_2016_q2/
Very big drop. I would be worried. However with recent layoffs not surprising the work is imploding as it isn't human sustainable...
Not good
Just look up Seagate Q2 2016 on yahoo. They have a nice comparison to last year and its worse than last years bad year... Stock is plummeting and they're celebrating Asia and China achievements. If anything expect the shift to more outsourcing or closing of jobs to cheaper alternatives elsewhere. Their statements as usual will give numbers with fake statistics about amounts of storage shipped without actual reasons or production improvements or profits. Typical hide the facts while acting like everything is great with other industries with vague statements about other companies and how they're profitable...
Just another bad decision before more layoffs. Like hiring a executive from a competitor for several hundred million in bonuses. It'll only require layoffs but who cares?
Just wait to hear during the earnings call tomorrow...
Any facts to back this up? Define soon? Or are you merely speculating?
How would you know this