http://www.zdnet.com/article/seagate-to-cut-another-500-jobs/
6 replies (most recent on top)
@ -fnk
142 in IT were released from employment last Friday, actually.
But yes, the filing is real. The next wave of layoffs is in March, and a 3rd is in June right after the US Data Center move from OKC to Shugart is finalized.
@ -tsm
You're not wrong.
I wish I were fired
Heil seagate! That 64 million can be used to acquire a new company that we can spend too much to acquire then run it into the ground! The seagate way!
Remember, this year they are "focusing on people". Focusing on laying them all off.
Yes. 500 more before July 1, 2018. Morton sumbitted a K8 with the SEC last week.
100 IT were notified last Friday.
https://www.sec.gov/Archives/edgar/data/1137789/000113778917000101/q218restructuring8-k.htm
500 job cut 64 million saved
that only enough to pay 8 mosley
https://www1.salary.com/William-D-Mosley-Salary-Bonus-Stock-Options-for-SEAGATE-TECHNOLOGY-PLC.html
Heil !! Seagate
Confirmed mostly likely with our new 2 big big 'C' level