Thread regarding Seagate Technology Inc. layoffs

I am expecting 0% salary hike, 0% bonus next 2 years, they want you to leave. They are already targeting high paid employees for layoffs.

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| 4721 views | | 21 replies (last August 31, 2016) | Reply
Post ID: @OP+IXiooIB

21 replies (most recent on top)

My bonus and raise were incredibly sh--ty.

Should have expected that from Seagate though.

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Post ID: @cqpq+IXiooIB

Bonus was great, why? because I work hard and I am rewarded. Great boss, great team, love stx.

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Post ID: @cptp+IXiooIB

Don't worry, another round of RIF before next quarter results will reduce the engineers further

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Post ID: @amds+IXiooIB

Doesn't matter size of bonus/raise when you think about more working hours for the exempt people left after layoffs who don't get paid overtime. Even 3% raise not worth having to work extra 10-20 hrs a week plus weekends. I guess some people have no other place to go so they deal with working 24/7...blue collar works make more than seagate engineers if you add in the time and a half for overtime. Seagate is like the Walmart of the tech world.

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Post ID: @9hxy+IXiooIB

Expect the worst in next round of RIF

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Post ID: @9pad+IXiooIB

Anyone have insight on RIF's expected in the US (locations / #'s?)

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Post ID: @9nod+IXiooIB

Sh--e bonus, focal

RIF expected to continue with US, Singapore and Banglore getting decimated

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Post ID: @8lcn+IXiooIB

Obviously salary employees much more compensated then hourly!! And the rich get richer!!!

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Post ID: @6ffx+IXiooIB

3% raise. bonus is... laughable.

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Post ID: @6wsh+IXiooIB

raises were good, bonuses were sh--

anyone claiming %20 is full of it

4-10% more likely engineering in US

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Post ID: @6bqv+IXiooIB

2 percent bonus.

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Post ID: @6ukp+IXiooIB

7% raise and 2% bonus... Not sure what to think.

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Post ID: @6hwx+IXiooIB

I had a dream last night - Me getting 50% Bonus ; 25% focal; 10,000 RSUs. Screamed out loud in joy only to realize that it was nor real.

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Post ID: @5ihc+IXiooIB

best focal ever!!! thank the seagate lords! amen

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Post ID: @5mgc+IXiooIB

No news is no news

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Post ID: @4ezw+IXiooIB

Bonus?

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Post ID: @4lkm+IXiooIB

3% raise...

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Post ID: @4qql+IXiooIB

Got 10% raise and 21% bonus. Good to be king of OKC

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Post ID: @4xag+IXiooIB

they may be targeting older engineers for layoff... of course it isn't stated but pretty evident the price/performance is lacking.

hate to say it, but at least on the software side of things the staff+ engineers fall into two boats:

1) truly excellent at what they do with tremendous knowledge

2) incredibly inept in modern engineering

know your self -- head for sales/marketing/pmo/whatever if you can't swim in the deep end

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Post ID: @3wvf+IXiooIB

I think I am incredibly talented to have survived so many layoffs- expecting 30% bonus and 10% hike with a promotion to director level.

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Post ID: @2xib+IXiooIB

Makes sense, company is in toilet

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Post ID: @2rbf+IXiooIB

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