If you have not noticed, after the last layoff, very few people care about what happens anymore, they cut through the bone, great people indeed, but no one cares. People left are just numb.
Any upcoming layoffs ?
Any news on upcoming layoffs ? Economy not as healthy but stock doing well. Are people holding stock or planning to sell ?
What’s ‘he’ doing down south?
At a time when CEO’s are asking employees to come back, this guy moves fully remote and quietly to Southern California. Wonder WHO else is down there.
It’s not how a good business is run
Well I’m sure you have noticed that 80% of the “work” at this company is documenting slides to update management. Simply knowing what’s going on and what the latest numbers are is currency at Seagate so the top can look engaged and deliver the next... — read more
VP hiring frenzy again
After years of getting rid of unnecessary VPs, the executives are on a VP hiring frenzy again. These executives can't get the job done without VPs reporting to them, but the work is actually done at lower levels. Keep up the good work in going back... — read more
Were there US RIFs in early February?
A friend was let go with a RIF and severance package, but I thought RIFs were normally larger scale. Can there be a RIF of 1-3 only?
New bonus equation
Curious to hear everyone’s thoughts on the new bonus calculation. Assuming the company hits 100% achievement, the equation just comes down to salary multiplied by the pay level percentage. Unless you have a high base salary and a high pay level... — read more
Good earnings? Bonus or layoffs next ?
Solid earnings announced. Any upcoming bonus or rsu planned ahead ? Any future layoffs coming up ?
Top 10 Good Things About Working Here
10 The "Pointy Haired Boss" comics write themselves. 9 Free Finance Lessons - $300M fine, dividends, stock buybacks, etc. are a different bucket of money than employee compensation 8 Many high-level career advancement opportunities for external... — read more
New jobs in MN
Who the heck wants to live in the bitter cold of MN? So, LCO may shutdown.
HDD just exempted from all tariffs
Includes all countries and all computer parts and electronics. Really good for Seagate. The entire supply chain can move with zero tariffs. The stock should shoot back up over 100 soon. And higher if Q1 beats with a good Q2 outlook. Don’t worry... — read more
Likelihood of more layoffs after Q earnings
I would say it increases by the day.
My team is now down to bare bones
There’s hardly anything we can get done. You can only cut so much before you’re no longer viable. If leadership doesn’t come up with a smarter strategy than just letting people go, we’re going to hit a breaking point—everything will eventually fall... — read more
Hiring, inflation and what happened to healing?
They are hiring left and right before first healing the wounds of inflation and massive loss of spending power of current employees. How does that make you all feel about the healing process when your trying to pay for food, insurance, taxes etc?
Layoffs will not solve our issues
We've had so many layoffs in the past several years and guess what - still no magic profit surge. When management is a one-trick pony with no clue how to do anything but cut people, it may be too much to hope for actual changes that could benefit the... — read more
Next round?
I’m personally hoping for one. I don’t have the courage to leave on my own, but being pushed out would take care of that. This place has drained any motivation I had – I can barely bring myself to go to work.
The brain drain will be the end of Seagate
I don't understand why layoffs are even necessary when so many people - top talent, no less - are already walking away on their own.
Tariff post deleted
I asked a ‘tongue - in-cheek’ question what ‘dark’ activities will be undertaken to bypass tariffs, and the post was deleted. Something doesn’t smell good here.
Another layoffs coming soon..
Another layoffs coming soon.. Good luck guys...
Systems group sell may still happen
They cut through the bone, dismantling as much as they could, but they did the doers not mgmt, you would get a lot more bang for the money if you did several VP’s and so many directors. If you really want to sell then do mgmt.
Executive insight series..waste of time ?
Executive talk in shk today...Execs as usual pretending to care about customers and company. The only concern about dividend and buybacks and millions of stock options awarded to them. Who thinks all this exec series is waste of time and no one gives... — read more
Is AI used for Layoffs today
AI or copilot used for layoff ? How many folks are affected today. AI talk two weeks ago and suddenly layoffs announcement so not surprising...will AI replace future engineers? Make AI Great Again
Layoff.com crawling CEO
The only ceo I know of who religiously reads comments here, gets mad and rants at his staff when he sees anything about him here.
When's the next ERP?
We all know they love cheaper P1-P3's. ERP needs to be next to support an average salary decrease plan. Part of that plan is to ignore the 20% inflation over the last few years. It has been so convenient. Who would realize their spending power... — read more
Seagate needs big change, start from the CEO
From the past 10 years, anything good the physicist doing for STX? And what is the reason he still here till now?
Head of strategy
Strategy head axed due to differences with DM on doing business with China. Not everyone supports unethical criminal business.
Gen AI / ML is here...time for new layoffs ?
Email sent out for new AI initiative for some groups self test and factory and servo and fw. When is the next round of layoffs planned ?
Employee survey
Are you going to answer it? You can be sure it’s not anonymous. I’m considering answering it honestly for the first time in about 10 years because it might increase my chance of getting a package
AI vs RI
How about showing some Real Intelligence and start treating your employees as people not cattle? The people who actually do the work? The people who build and support the products? The people who allow you to keep paying the dividends to the... — read more
Any Bonus in coming March?
Normally seagate will pay bonus in March/Sept. Anything about the March bonus?
Intevac
Seagate just announced that they are buying Intevac for $119 million in cash. https://www.businesswire.com/news/home/20250213031336/en/Seagate-Announces-Agreement-to-Acquire-Intevac How does Seagate have the cash to do this when they are struggling... — read more
I want to be on the list
Please lay me off! Been waiting for my turn patiently, but nothing happens, beed the severance money to help with retirement :)
Stay away from Seagate, WD, Micron
https://stocks.apple.com/Aj63gOwgjTTa7hmVtCEdKag
AI Architectural Metronome
Is Seagate inventing a new language I’m not smart enough to understand? Will it become a new acronym AIAM we can all put in our presentations to sound really really important so that only HDD insiders and cool people will know the plan?
Short-to-Medium term overview of STX price?
Normally how do you handle the ESPP stocks, put it into the account or sell it immediately?
Splitting Drives and Systems groups
There are many indications that Drives and Systems may be split by location, SHK and LCO, dare to guess where each one ends up?
Concerning on the ethics front
Looks like the folks that sold the illegal drives to Huawei are up to shenanigans... — read more