Thread regarding Seagate Technology Inc. layoffs

Any update on upcoming profit sharing announcement?

Looking forward to it. This by far the greatest company I ever work with. Stable & flexible.

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| 2291 views | | 12 replies (last July 7, 2019) | Reply
Post ID: @OP+ZS2Snko

12 replies (most recent on top)

Only the c-appy ones who are only there by favoritism.

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Post ID: @3dkw+ZS2Snko

You really think managers make a ton of money?

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Post ID: @3mzq+ZS2Snko

Your manager makes so much more than you that when you walk out of your review thinking you have a pretty good salary and bonus, he or she is probably giving a huge sigh of relief that you got fooled into thinking that for another year. Seagate has an exponential compensation system going up. I'm not going to say it's fair, but they do have to put up with way more brown material than I would ever want to deal with in my life. But that's why you see people in top ranks change so often. It's because they endured eating brown sandwiches to obtain a life changing sum of money and experience in sometimes as little as a year. It's become a huge problem for the company of its own making that they are paid way too much and can just cash out in a short amount of time with a massive war chest and laugh all the way to the bank.

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Post ID: @3tjw+ZS2Snko

Your vp makes 100 percent of salary at minimum bonus plus stock options. Each level above vp more than triples the level below... Svp, evp, etc

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Post ID: @2ltb+ZS2Snko

Take your bonus amount X number of employees your manager has = manager bonus - 10%. The formula works like a charm every time. Ever look at the parking lot in NRM, who's driving the pimp my ride vs who drives the POS?

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Post ID: @2eph+ZS2Snko

How can I find out how much my manager makes?

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Post ID: @1vff+ZS2Snko

The post is satire or an id--t. BTW execs bonus is posted online in 8k filings.

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Post ID: @1dfp+ZS2Snko

After a few months, fresh graduates are smart enough to realize Seagate is not a place you want to be long-term.

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Post ID: @uib+ZS2Snko

Fresh grads don't know sh-- and they will leave for the next higher paying job within a few years anyway !

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Post ID: @ybh+ZS2Snko

Profit sharing? First save your job. Fresh graduates can do your job half your salary. Expect 5% salary cut anytime.

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Post ID: @qth+ZS2Snko

Whoever posted this c-ap must be an exec or manager, since they are the only ones who get coddled and protected to keep their jobs, while the company goes down the toilet !

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Post ID: @fxg+ZS2Snko

I am sure they will borrow money to pay the peasants 1 percent and 99 percent of the pool goes to execs. Seems fair. No investment in the company with borrowed money. Run while you can.

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Post ID: @tbz+ZS2Snko

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