Future is bad for Seagate; low volume demand, debts too much to payoff, change of seagate president, no more prospect, layoff going soon, no more package. Bad very bad
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Well, we could have been sold to Micron at one point and had a chance to compete if not for greed and arrogance at the top. Little known secret. You've seen all our executives talk trash about WD and all the other flash companies being not good enough to partner with Seagate out in the open at the meetings. No humility whatsoever. All this crap about knocking out WD. Childish.
who say no more package? alot of ppl waiting for package
Are the other seagate plant/factory managers globally as arrogant,aggressive,vindictive and downright bullies as they are here in Derry? Also are the HR departments as incompetent aswell?
Whether Seagate going down or up, part of our life. Restructuring part of business, move one if being lay off. Lastly enjoy the year end D&D, LOL
STX's weak competitive position, as attested by its current market cap of ~40% that of WDC's (~$28B), plus the fact that it doesn't seem to have any revolutionary new product/technology to offer going forward (perennially "soon-to-be-released," cost-innefective reliability nightmare known as HAMR has no future), lend support to OP's statement: "Seagate going downhill"....Sad!
Sure, Derry is safe, but Normandale is another matter entirely. Thanks Brian!
Rumor of the July 19th being pushed to the right 1 week due to being asked to add more names to the list.
Barclays analyst said no more restructuring and downgrade the stock. We are safe for now.
We seem to be safe enough from major seagate layoffs in Derry Northern Ireland.I dont see why all the doom and gloom.
SSDC brave the storm !
Worry for what? D&D still proceed ...
Don't worry. HDD is growth industry.
Trump will save our jobs. Bigly.
Get your CV's out there quick!! and good luck...
Stx stock is still up. The layoff should not happen right?
can forget about going D&D if this month is the retrenchment period =X
no more package?? =X
I'm yelling timber