Thread regarding Seagate Technology Inc. layoffs

Layoffs are coming by end of June. Period.

It is the way that Exec Mgmt will try to offset a huge drop in revenue misses this year.

Overall tectonic shift to Cloud storage and squeeze by better positions competitor, Western Digital, in Flash.

H/C cuts won't solve STX problems and economy is headed toward a recession.

by
| 3361 views | | 9 replies (last May 31, 2016) | Reply
Post ID: @OP+HA3v11Z

9 replies (most recent on top)

Any news for woodland singapore?

by
| | Reply
Post ID: @5nxa+HA3v11Z

To the previous post about "bring it on". That clearly stated to me that crap is coming. The more they try to make it seem like everything is good, the worse I know it really is.

I mean really, the fact the CEO had to send out a "pump up the morale of the troops" talk tells you it's bad, very bad.

by
| | Reply
Post ID: @1xhp+HA3v11Z

The leader lashes out with defiant positivity and says, "Bring it on!", while he holds a giant axe behind his back getting ready to swing at his own company...again. I'm I the only one who feels this messaging to be inappropriate? What is this, some kind of sadistic Game of Thrones psy op?

by
| | Reply
Post ID: @1vgl+HA3v11Z

There is a job req open to help manage relocations.

https://www.linkedin.com/jobs/view/134229634

by
| | Reply
Post ID: @vgb+HA3v11Z

My guess is that lot of Cupertino and Scotts Valley jobs will move to OKC and Asia.

by
| | Reply
Post ID: @yfx+HA3v11Z

Ask yourself: are you a husk?

by
| | Reply
Post ID: @cjm+HA3v11Z

CCD (not charge coupled device, but COLONY COLLAPSE DISORDER): the colony of worker bees (engineers and assemblers) is pushed out of the hive by mites (top management), who magically never lose their jobs. Rest assured that when collapse of Seagate comes, the top slobs will be landing with golden parachutes, while the worker bees will be cast aside like dead husks.

by
| | Reply
Post ID: @xji+HA3v11Z

Yeah I wonder how many people in Cupertino will get laid off?

by
| | Reply
Post ID: @qtx+HA3v11Z

Do you guys see a lot of cuts from Cupertino?

by
| | Reply
Post ID: @lxc+HA3v11Z

Post a reply

: