So company can save $$$ & no RIF.
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Topics regarding layoffs at Seagate Technology Inc.
"Transforming" into a bunch of severance packages!
Guarantee + Chop! Let's wait for D&D at MBS year end ...
Next RiF date June 28th. Folks fasten your seat belt and get ready.
It won't happen, stop dreaming & get back to your work!
Anyone hear about layoffs in this org last week? CO/CA?
Seagate shares cross $50, we are CONFIRMed in a good shape. Company still hiring, who said we gonna lay off in May/September. Those waiting for RIF need to wait long long till your neck broke!
Hearing that Seagate's having real issues ramping 10TB Helium. I guess shouldn't be surprising given massive layoffs of experienced engineers. And now Toshiba finally has a 8TB nearline in the market. Luczo is going to get what's coming.
Why is it taking so long to appoint a new CIO? Will it be internal or external?
Anyone have sourced knowledge?
I heard there are more layoffs coming in IT. Any confirmed news on this? Life is getting worse day by day. Continuous lay offs. And continuous movement in moving jobs to offshore. Hope this will done someday and environment will be stable.
complete the sentence
What updates do we have coming from Shakopee?
FYI, this is not about Charles Pope, the former CFO. It is about the real Pope. He don't like what Seagate been doin'. Seagate bin BAD! Reed all aboud it:... read more
Anyone have a status update on the W2 class action lawsuit filed last year? I filed my tax return (correction: TRIED to file), only to have it immediately rejected because someone had already filed using my SSN this year. Thanks again Seagate. Any... read more
been a while since I've had a $20k bonus
CEO feels good. Said it's going to be a fun year. Or.....wait? What's his idea of fun?
No longer do I have to live in the high tax state of MN or deal with the crazy weather. There is life and success after Seagate - you have to have the funds to be able to start a business ; will never work for another company again. My income is over... read more
After so many round of chopping, STX finally stay at $46.xx.... You guys still hoping the share will go up some more or already SOLD the ESPP?
I got riffed in 2009, from a large Minnesota facility. This was after many years of employment (dating back to MPI) and many years of riff rumors. In the old days the riff events typically happened at 2.5 - 3 yr intervals. Occasionally I look at this... read more
Top management reviewing the VSS package for acquired companies. First changes to be rolled out for the impending cuts in Seremban XTX where we are expecting to see up to 25% lesser payouts for remaining staffs.
FYI - Backblaze's stats - ST4000DX000 the worst drive ever - so much for all that hoopla Jim... https://www.backblaze.com/blog/wp-content/uploads/2017/01/Q4-2016-Drive-Failure-Rates.jpg
Apparently even Hynix, the worst NAND supplier in the world doesn't want to JV with Seagate. Next 3-6 months will see significant downsizing to SSD teams while Seagate 'focuses on the core'. Look for Luczo/Brace to cut from LCO, TCO and possible... read more
Somebody wrote: Back in 2005-2008, Seagate made a major investment in solid state memory (SSM). Why was that effort canceled? NRM was developing it. Where would Seagate be now 8 years later if that project went forward?
Anybody got info on this? Departments? Headcount?
The 2015 China Tax Story unfolds...... http://www.scmp.com/news/china/economy/article/2064276/seagates-move-close-factory-china-adds-fears-suffocating-tax
Rumor has it there maybe a layoff midweek. Hope it's not true.