The mid year bonus will probably be the last one we get for years I think. HDD TAM will drop 30%-50% in 3 years time. Seagate you see now is totally unsustainable in the future. Indiscriminate firings with no thought or plan are quick trigger pulls used in the past without hesitation. Losing money for a while is not even an option because the company is debt laden. Nobody is going to lend Seagate cheap money.
Originally posted by @WGOyQ15-1nsk.