Topics regarding layoffs at Seagate Technology Inc.

Topics regarding layoffs at Seagate Technology Inc.

NO FREE FRIDAYs !!!!

"NO FREE FRIDAYs" policy. Inflation is over 10% since last raises. Work less to compensate the company for that direct pay reduction. When they do reinstate raises I can assure you this gap will not be closed. I expect they will be 4%. 3% would sound... — read more 

Anyone seen the union ?

See our unelected reps lauding it up on your union dues. Money well spent ? Its gone very quiet since the recognition announcement. Wheres all the actions they promised ? Starting to drag on now.

Offer Evaluation help

I am expecting an Engineering Director offer. What is that grade and what is core team leader, I keep hearing people bragging about core team leader Any help

Your Private Disability Insurance

What it means for you: You can work for Seagate for 25 years. Once you leave Seagate for any reason laid off, fired, found another job you are out of luck if you become permanently disabled. Social Security will not consider the income you earned at... — read more 

Glass media supplier cyberattack

Hopefully the impact is minimal or none at all. https://www.reuters.com/technology/cybersecurity/japanese-lens-maker-hoya-halts-production-after-cyberattack-2024-04-04/

4 Day Work Week NRM

Many people work from home NRM. Many don't bother work Friday. Leaving work for anyone that bothers to come in. The other days aren't much better for the people to that come in. Management doesn't care

Seagate and Boeing - peas in a pod

On his last weekends show, John Oliver had an excellent analysis on Boeing and how it went from the company that everyone envied and a pride of our nation to a company now producing cheap and sketchy products with half-baked product planning. The... — read more 

Derry

https://www.storagenewsletter.com/2024/02/23/seagate-confirm-300-jobs-gone-at-derry-plant/

Song Seagate AI

https://money.usnews.com/investing/news/articles/2024-02-16/sony-to-partner-with-seagate-on-hard-disk-drives-used-for-ai-nikkei

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| 1300 views | | 8 replies (last February 21, 2024)
Post ID: @OP+1r71SLtH

Bullying tactics

https://www.theregister.com/2024/02/01/seagate_northern_ireland_unionised/

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| 1490 views | | 4 replies (last February 6, 2024)
Post ID: @OP+1qRx1pGH

Springtown staff vote for Union recognition

Going down like a lead balloon in management offices. Derry Seagate workers vote 'overwhelmingly for trade union recognition' Seagate management must now engage with union reps and negotiate voluntary recognition... — read more 

All Pay cut restored. All get base increment this year

What I heard is the pay cut has been fully restored. But some locations need to wait until it is announced in Feb or March. For those got pay cut, they get about 4 days leave as a token of compensation. It is not enough to cover the loss. All... — read more 

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| 1970 views | | 4 replies (last February 2, 2024)
Post ID: @OP+1qMEJvJH

Promotions?

I recently saw someone get promoted here in the states. Are promotions back on worldwide or was this a one off?

Is there a crime committed?

Leaving aside all the bluster, was the Huawei situation the result of a national security crime by the CEO ?

Seagate Technology Layoffs 2024

This is a generic discussion thread to capture comments about potential Seagate Technology layoffs? Any chatter, news or rumors?

Days are Numbered in 2024

Seagate Technology has a total debt of $5.67 billion, 52x its EBITDA of $110.0 million, a return on assets of -9.39% and an Altman Z-Score of 0.25. You wouldn’t know that its financials were less than stellar, given its stock is up nearly 63% year... — read more 

C-levels selling their shares

Dave, BS & CFO all have sold millions worth of their shares this month. Saw the public notifications when I looked up my stock accounts. Dave = ~$17M (what the heck?!), BS = $1-2M & CFO = $4-5M. What’s going on?

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| 2580 views | | 7 replies (last December 24, 2023)
Post ID: @OP+1qdxtfnK

Seagate VP count

Anyone got an update on our VP numbers after all the layoffs? I believe we were around 80 before Covid.

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| 2820 views | | 7 replies (last December 22, 2023)
Post ID: @OP+1q3P2FfT

Head of HR plus entourage at NRM

Maybe a goal based glad handing visit to show the troops that California still cares about fly-over people. Witnessing ERG round tables happening right out the gate. Sadly it looks like little chance of packages for the Holidays. Good luck Gaters... — read more 

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| 2000 views | | 3 replies (last December 7, 2023)
Post ID: @OP+1pXyhyBr

Lost

Anyone else's department feel like a lost puppy? VP is all over the place and feels like we have gone back in time to no one talking and everyone fighting to shows whose is bigger instead working together.

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| 2520 views | | 9 replies (last December 9, 2023)
Post ID: @OP+1pVnhgyH

Happy Thanksgiving

Please remember the better times with your friends and co-workers (past Seagate and current) during this weekend of hope and thanks

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