Seagate Technology Inc. Layoffs

Topics regarding layoffs at Seagate Technology Inc.

Returning is not a good idea

you're considering going back to a company that has already laid you off? if you're not happy w/ your current company, it's better to find another company. as an hiring manager, if i saw someone jump back and forth to the same company, it would... —  read more 

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Post ID: @11Z1XIp1

Should I go back to Seagate

I was laid off 1.5 years ago My current job is 40% more than Seagate But my happiness here is also 40% less Now one manager want me back coz one of his team is retiring. Should I go back? Should I ask for 20% more than what I was paid in... —  read more 

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| 726 views | |
Post ID: @11YHgpWP

Lay off

Huge lay off in January/Feb time frame. No info on exact time. Longmont will be affected. Especially, dothill division.

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Post ID: @11XYoPJw

CUP / FRC Consolidation

Not thought out, poorly planned, simmering pot of ego's about to all be jockeying for parking spots. Bye Seagate.

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| 581 views | |
Post ID: @11WZxmYi

Reorg and layoffs

They haven't decided to totally cut off all funds to R&D yet and we still have a large Seagate Research group funding all kinds of pet projects and stuff. Once I see that cut I'll have to admit, they are going to cash flow it all the way down. I... —  read more 

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Post ID: @11TaWGTT

FQ1 2020 Results

FQ1 2020 Results Non-GAAP Year-Over-Year Revenue DECREASE = 13.8% Year-Over-Year Net income DECREASE = 45.9 (ouch!) Year-Over-Year Earnings Per Share DECREASE = 41.4% Operating Expenses trending up. Look out below...

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Post ID: @11OfsynA

Voluntary Early Exit Program Who's jumping ship?

So what is your take on the VEEP offering to the U.S. based upper management tier? Will these positions be filled by non U.S. people? Will there be mass layoffs after MGNT get their golden parachutes?

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Post ID: @11ikQzR1

Five year plan

This is my expectation over 5 years. It'll take time to unfold, so just start your preps. 2020: 35K employees. Exodus of best talent already underway will accelerate. Career growth opportunities shrink, disappear. Exit Systems business. Eliminate... —  read more 

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Post ID: @11hALYJO

Seagate Benefits

Used to work at Seagate last decade. Seagate used to be a great place for benefits. Can current employees tell me: Does NRM still have the on-site fitness center? Loved going there, so convenient. Free yoga and boot camp classes. It was... —  read more 

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| 1569 views | |
Post ID: @11eShJ2P

Time to oust CEO?

Noticed in the last day 3 CEO s have been ousted, wework, eBay, juul...is it time for new leadership for stx before it is too late? If in doubt watch the pathetic show at investor day last week. I say it is time.

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Post ID: @11dpKLGe

Investor day embarassment

That was bad. The CEO showed a TAM of the year 2025, 27 to 30b in total revenue, that will be split between the 3 HDD companies, data from McKinsey. That is 10b each. Lower revenue than this year with costlier energy assisted products. And raise... —  read more 

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Post ID: @118mfs5H

How many of you are still happy at Seagate?

I see so much negativity here that it makes me wonder if there is anybody left at Seagate who is still happy with their job. I'm not talking about the constant possibility of layoffs - sadly that's a given in the majority of companies these days. I'm... —  read more 

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| 2378 views | |
Post ID: @1149LcZ5

CEO sells $5m in shares

Were you happy with your little bonus? Believe the CEO is as bullish as he says? https://finance.yahoo.com/news/seagate-technology-plc-stx-ceo-231507874.html?.tsrc=rss

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| 1048 views | |
Post ID: @10ZhcTdb

Face Facts: You Are Responsible for Your Life

Did you think someone else was responsible for your happiness? Waiting around for a package, you behave as if this is so. The package is not coming. Recession and layoffs are coming, eventually. Things we can all agree on (though they may be... —  read more 

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Post ID: @10F4DiZI

Oracle k--ls Flash division, 300 gone

Does anyone believe stx should stay in flash when bigger companies cannot do it? https://blocksandfiles.com/2019/08/16/oracle-lays-off-300-to-400-flash-storage-people-hold/

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| 879 views | |
Post ID: @10zYZsy3

Co-workers disappearing. Lay-off or time portal?

Over the last several months, some of my coworkers in MN have disappeared. Typically find out when you need something job related and then get the reply, “not sure who’s doing that now he/she was laid off x-weeks back.” Could this be hamr has caused... —  read more 

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Post ID: @10vKFxrb

$63m spent on RIFs Last Quarter

HR and Executive trolls come on this site and post that there are no RIFs and nothing to worry about. Look at the recently posted financials where STX is down to 40k employees and spent 63m primarily on workforce reduction as part of restructuring... —  read more 

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| 2029 views | |
Post ID: @10nct402

All quiet

This venue has been very quiet lately. Does that mean everyone loves their job and there is no worry of being let go?

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| 1638 views | |
Post ID: @10hfQ3vR

Oracle audit for IT after RIF

If anyone from Oracle is watching this. You better start soon. Here in Singapore things are not looking to good.

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| 1297 views | |
Post ID: @107Nqhuh

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