Thread regarding Seagate Technology Inc. layoffs

Any layoffs at Seagate before year's end?

I think we all know by now there'll be major layoffs sometime next year, but I'm more concerned about the current one. I keep hearing about people being laid off in small numbers nearly every week.

Is that going to continue throughout this and next month? Small layoffs are even worse than the big ones in my opinion. there's no way to prepare for them. At least with big ones you know in advance what might be coming and when. Like this, it's just constant worrying.

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| 2341 views | | 5 replies (last November 29, 2018) | Reply
Post ID: @OP+WkU4JYG

5 replies (most recent on top)

Who are the 2 x IT directors being layoff?? omg

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Post ID: @3cvl+WkU4JYG

From past experience it is highly unlikely they will do a huge layoff before year’s end. Huge layoffs are usually either in the Q3 or Q1 of the fiscal year. Q3 so that they can make the financial look good for the fiscal year ending in June. Q1 if they need to tweak the financial for the new fiscal year. For the past number of years there have been small layoffs (i.e. a handful of people) on a regular basis. Just this month there were 3 IT Directors that got laid off. The company has been trying to avoid huge layoffs as much as possible due to negative press and have been doing these small layoffs for the past few years. Whichever the case, just be prepared and make the most of your time to your advantage.

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Post ID: @1tsp+WkU4JYG

Well I know the names of two IT directors who were laid off just before turkey day, spoke to them both... a fact ... not a rumor

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Post ID: @1yaz+WkU4JYG

Huge lay off likely in March, not worried, looking for a job in advance.

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Post ID: @1vzk+WkU4JYG

Where have the layoffs been happening? No proof just more rumours!

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Post ID: @wdh+WkU4JYG

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