Thread regarding Seagate Technology Inc. layoffs

It is happening - just different

LCO, NRM and CUP have been hit over the last few weeks. They are not doing a big one day RIF to avoid negative press... instead, it is a few here and a few there. Big budget meeting on Monday Dec 10th - VPs from around world at CUP to decide the rest of the cuts.

It is coming - roadmap is being pushed, HAMR is delayed at high capacities, ponytail paid the price for that news to CEO, non HAMR have bad margins, re-orgs are being announced. Tough days ahead - look for work while economy is still good. Good luck!

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| 2371 views | | 12 replies (last December 10, 2018) | Reply
Post ID: @OP+WuAkqj2

12 replies (most recent on top)

No, it's the ghost of Shugart haunting Mosley asking what the heck have you done to my company.

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Post ID: @4hav+WuAkqj2

Shugart is that you?

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Post ID: @4azs+WuAkqj2

3lde,

Bill, is that you?

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Post ID: @4pfo+WuAkqj2

Mosley, is that you?

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Post ID: @3lde+WuAkqj2

Yep. Fake news always attracts the gullible and less intelligent.

Your unsubstantiated "facts" make for entertaining reading if you are the type to wallow in self-loathing and take joy in believing someone deserves to be laidoff worse than you.

Sadly (for you) , the end is not near. LOL.

Merry Christmas.

Now get back to work dirt bags.

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Post ID: @3hnu+WuAkqj2

I bet that's the most viewed document link on the site. Ha!

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Post ID: @3pxa+WuAkqj2

Severance has not been reduced, just look it up on my seagate and you'll see that the number of weeks has not changed as of now. It may change in the future but has not.

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Post ID: @3lgj+WuAkqj2

I know of someone who was RIF'd last Thursday at LCO and given the line, "Due to economic conditions..." The person also said that the number of weeks given for severance has been reduced. Watch out friends. They might go the route of IBM and only give 30 days severance. Run!

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Post ID: @3vcl+WuAkqj2

What happened to the goal of Focus on People? Focus on people to cut to grow dividends!

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Post ID: @1ukm+WuAkqj2

horse carriage companies must have increased dividend and bought back shares to appease shareholders, same playbook as STX

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Post ID: @1fos+WuAkqj2

I wonder what the big horse carriage companies did when cars came along

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Post ID: @1klg+WuAkqj2

Good days are over. DH should be sold, useless acquisition.

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Post ID: @1nfc+WuAkqj2

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