I have heard a lot of talk that layoffs are coming in about 2 months. I'm sure this is true. I also heard they are outsourcing a lot too. Does anyone know anything more about possible outsourcing?
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I heard hallway conversations that they are positioning themselves to get boughtout by a big player in the SSD market.
A friend of mine works in a supplier of Seagate. He said a STX guy talked about a 60-day review during a meeting. What will happen next? Lay off of course.
Similarly hear that a lot of SV IT jobs are being moved to OKC and Asia regions. SV might either close down or a skeletal Business critical staff only will be retained.
Yeah, we need to outsource to lower cost in order to right-size our OpEx
A lot of Cupertino jobs going to Oklahoma.
Layoffs need to be heavy if this dinosaur is going to be able to compete. Check out the blood bath at WD today.
Dothill and seagate overlapping jobs will go for sure, dothill 50% jobs move to India, expect big lay off here.
I heard BCG is being hired for lay off
Layoffs are going to be heavy. Hearing rumors of 25% cuts across the board.