Thread regarding Seagate Technology Inc. layoffs

I did really well with the going private move from Steve. That was a great move for me. 30,000 options made me more than 1/2 million dollars.. Loved it.

A common reason a company gives for going private is that a minority group of large shareholders want to give the executives (and friends/owners) more power to make major business decisions without having to answer to a horde of public stockholders and pubic stock watchdogs for risky business decisions. Sometimes it is a good thing, i.e. you have a rock star genius CEO running the show (and who wants to grow the company of course). Just have to wait and see whether Seagate is growing its business through funding R&D and evolving by offering new products into new markets or if they are more focused on mitigating disaster and working on things like exec parachutes. A few wall street articles seem to hint that the latter is probably the case from what I've read and the "tiger" ride will be over soon.

You are quite a nice chap.

Ummm, pretty much not, idiot.

Offloading Veritas was a stroke of genius. And SanDisk was posting consecutive loosing quarters. So I think management made the right decision at the time, given the available information at the time.

You can sit there in your 1980-vintage Lazyboy chair and make spot-on observations about what happened in the past, or you can get off your cellulite-ridden fat a-- and get a job. One less jerk on Unemployment will certainly help make America great again.