The younger engineers have largely already bailed out from what I can see after we spent a huge investment of time and effort training them. That's exactly right. They saw how Seagate was treating long time employees. Seagate wanted a dynamic fresh young influx that didn't care as much about crappy health benefits. They would take low pay and insulting low raises for awhile in exchange for filling the blank space on the resume. They got the non-loyal here today gone tomorrow workforce they wanted. When they leave they don't ever want to come back to Seagate either.
Agree 100%, @Oqtxpk6-1hcp. Loyalty inspires loyalty. If new blood (that is already being paid laughably low) sees how you treated your older workers, why in the world would they stick around to see the same thing happen to them? So the cheap labor turns out to not be so cheap at all as they pack up and leave as their training is done. But hey, on paper they sacked higher paid folks, so the shareholders are happy, and that's all that matters.