I've survived about 15 layoffs now. I've outlasted multiple entire management chains above me who are all gone. The vast majority of people I worked for and was lorded over by are gone. Most by layoff. The vast majority of people I worked with are... — read more
CEO's best decisions
The company really went downhill the last 5 years and seems like every decision the CEO has made has been wrong, every direct hire bad. This can't be right, what have been good decisions?
Star Wars themed HDD
This will get revenue back on track. How many millions did Seagate pay for this? Is this how executive spend their time looking for opportunities to fix the business?
Another 3000 layoff next year 2023
Be prepared for another 3000 layoff next year 2023 due to low demand and economic recession
Everything will turn out fine
Even if you're one of the many who are losing their job, there's no reason to panic. You can always find other work — and it will be better than what you're doing now. After everything this place put us through, how can it not be? Just remember... — read more
Nest stop, Bankruptcy Protection
Next is bankruptcy. Look at the financial statements, debt of $600M is coming due, suppliers are being paid at over 100 days from being invoiced, the company is looking to do leasebacks on its real estate for a quick infusion to pay the next few... — read more
Stx eyes selling Longmont campus
Must be tough time ahead for stx. Time has changed. Feel bad to see a tech company struggling to adapt. https://www.bizjournals.com/denver/news/2022/11/10/seagate-data-storage-campus-sale-denver-metro-area.html
Packages documents via email
Has anybody received their package docs through email yet I was told this week.
Fremont campus for sale
https://www.bizjournals.com/sanfrancisco/news/2022/11/09/seagate-technology-lists-fremont-campus.html
email says majority concluded, so not all?
morning email says majority US layoffs concluded. means not all. so next round is expected ? when any idea?
Better sooner than later
It's no consolation to those who are affected, but in any case I think it's better to be cut now than to wait in uncertainty for another wave. It's not a good time to lose a job, but I believe that many will get a new and better offer faster than... — read more
Executives RIF
No Names, only Titles. Who is gone?
Lack of good communication
This is too frequent a problem for many companies, but I think the lack of good communication is a huge problem here. People make decisions based on rumors. Additionally, they lose motivation because poor communication is resulting in frustration... — read more
Package
Maybe I missed it, but what were people offered in terms of a package that got laid off? 2wks/year of service? I thought that's what was typically given in the past.
It seems Seagate China hit the hardest in this round
Good old days are over. Suspect Wuxi will also be closed like what happened to Suzhou plant
That's it?
Less than 200? Will the remaining be operators?
Too much fat left behind
Too many managers who do nothing but go from one meeting to another to discuss things they discussed five times already in the same week are still here, and too many good employees who did important work that contributed to the company's bottom line... — read more
Now what happens?
Some are saying it's done, others are saying it'll last the whole week, and I even heard a coworker say nobody will be safe until the end of the year (he wouldn't say where he heard it). Is there any way to know who among them is right? I don't want... — read more
passed over
Thumbs up if you are now feeling disappointed that you didn't get a package and will work on until the next opportunity with a sense of dread.
Severance Updates
Any changes to the severance?
Fremont, CA done ?
is RIF at fremont,CA done and no more rif until next quarter ?
Nov 2022 RIF Running Count
STX announced 3000 will be cut. So far we have: LCO Colorado: 300+ STST N Ireland: 30 What else?
Layoffs
I know some groups are done but if we haven't been affected, does that mean that we're still in danger today or for the rest of the week?
NRM actions
Looks like things are done here at NRM. Slider and HGA groups hit hard at 20 to 30 percent. As others have noted purchasing group hit very hard also. Other groups hit in MN but those seem very targeted.
LCO RIF Happening Now
People at LCO are being notified.
Normandale RIFs occurring
I don't know the extent but I do know that at least one mid/senior person was given notice today already. Someone I wouldn't have expected. Checking with all my sources but it is still pretty quiet. Likely just starting to pull people in to give... — read more
Singapore SSDC closing down within 1-2 years
Anyone got more insight news?
STST 150 going
Rumours that 150 are to be let go from STST - targeting long term sick and people who work across all shifts on days due to health issues . Machines powered down too on a daily basis
Rubber Stamp Board of Directors
The Board has simply gone along with all the nonsensical ideas of the CEO. If STX had an actual participating BOD, what would they do to fix the business?
How is BE/BPM adding to their team?
I’ve heard of some of the groups getting impacted, some total elimination. But explain to me how BE/BPM is still hiring & adding to their team past next week. Their reputation is pathetic internally, yet somehow like roaches or rats they’re still... — read more
Cuts will be followed by huge attrition
Even if I survive, I will do my best not to be here next year. I know several other people who are thinking of doing the same. Layoffs will definitely negatively affect the motivation and productivity of those who survive the cuts, and I would not... — read more
Amidst the RIF rumours, groups that are hiring
Not all roles are nixed, but a review of the job postings on the website seagatecareers.com shows which teams are still hiring. 196 global job openings, or those: 64% - internships mostly in APAC 17% - manufacturing technicians/specialists US +... — read more
LCO and TCO SoC being combined into one team
I am hearing that they will combine the two soc teams into one. Is that true ? (Frankly, there is not much for so many people across 3 sites)
Just get it over with!
Tell me I'm laid off! Tell me I'm staying! Tell me anything but just tell me! I'm so tired of being stuck in limbo. I'm not even worried anymore about losing my job. I just want to know what's going on so that I can take appropriate steps. This wait... — read more
Anxiety through the roof
Although I know that life outside of this company would be better for me, anxiety is through the roof. What makes my anxiety even worse is the fact that among those who get cut usually there are number of great employees who actually did their job... — read more