Thread regarding Seagate Technology Inc. layoffs

VSS Package lesser by 25% for those remaining staff at Seagate's acquired company e.g. DH & XTX. Anyone can confirm?

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| 2111 views | | 6 replies (last February 13, 2017) | Reply
Post ID: @OP+LLMh2Cw

6 replies (most recent on top)

Actually is the opposite, increase of 25% for the remaining staff.

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Post ID: @4kqq+LLMh2Cw

Might be more than 25% reduction

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Post ID: @aom+LLMh2Cw

This is normal policy, must maximise profits, margin. Having worked in Seagate for 20 years+, nothing surprises me anymore.

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Post ID: @bcp+LLMh2Cw

Yes, that is confirmed.

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Post ID: @aeo+LLMh2Cw

Yes! From Steve Luzhou your beloved CEO

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Post ID: @enh+LLMh2Cw

Are you surprised? HR has been reviewing it for implementation across multiple sites.

Got to keep the stock price up

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Post ID: @qtb+LLMh2Cw

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