Thread regarding Seagate Technology Inc. layoffs

Layoffs Next week? Next 60 days? Seagate being acquired by a different company? Morale is low, and work has triplicated.. but just need a job.

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| 3641 views | | 10 replies (last May 14, 2016) | Reply
Post ID: @OP+HlIW83z

10 replies (most recent on top)

Rumor on the street is Micron Technology is interested in acquiring you guys . They have plenty of money too. Your guys CEO just bought 200K worth of shares so it makes sense.

http://www.streetinsider.com/dr/news.php?id=11579877

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Post ID: @3jzw+HlIW83z

Who the hell would want to buy a low-margin declining hard drive company?

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Post ID: @3uad+HlIW83z

Tech Review is next week. Probably not then.

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Post ID: @2inv+HlIW83z

Hoping Friday the 13th isn't like 13-May-2009

http://www.cnet.com/news/seagate-lays-off-1100-employees/

I predict between now and June 3 based on previous layoffs.

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Post ID: @2xie+HlIW83z

Does everyone get a package?

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Post ID: @1akk+HlIW83z

Do not volunteer to leave, take the package.

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Post ID: @1ahk+HlIW83z

Is now the time to volunteer? I don't have too much to lose, in going to quit in a few months anyway.

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Post ID: @1tlm+HlIW83z

Heard for those selected already shortlisted or informed by the bosses. Anyone can confirm?

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Post ID: @1xkl+HlIW83z

There was a major meeting in BALI where Seagate executives decided the fate and changes of the company.

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Post ID: @1zfl+HlIW83z

Asia also?

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Post ID: @ait+HlIW83z

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