The atmosphere in the company is such that the majority of my colleagues intend to leave very soon even if they are not RIFed. Perhaps the leadership should ask themselves why this is so, despite the fact that the situation on the job market is... —  read more 

If Facebook is laying off 12k, what does an old tech company like STX layoff with limited growth prospects? 15k? 20k?

Have the layoffs actually started? Nothing at my location yet.

Layoff has just started, nwbies and contract workers please prepared

If you expect to be judged based on merit, think again. Promotions are given strictly based on who your friends are, at least in my department. It’s hard to watch as good, knowledgeable people who work hard get passed over for promotions over those... —  read more 

Hoping to be chosen & pls immediately now

Heard rumours on singapore layoff 200 to 300

Any truth in the cost of living crisis $1200 or £1000 one off payment to all employees ? Very sceptical myself as the place seems to be doomed esp here in STST

Even those who are not affected, I hope they will be wise and run from here fast. Because what can we expect in the future here? If you ask me, nothing, except things getting worse. They demand maximum productivity from employees while at the... —  read more 

Any knowledge of the potential impacts breakdown by location? I'm interested in this too. Maybe someone has some info?

https://www.storagenewsletter.com/2022/09/26/hdd-demand-to-slump-sharply-through-at-least-1q23/ HDD Demand to Slump Sharply Through at Least 1Q23 Following public releases and comments by Seagate and WD This is a Press Release edited by... —  read more 

I figure as long as bloated teams like Business Excellence are around and people with titles like Chief of Staff, we have many more layoffs to go. Cuts need to go into the 5k plus range. How about all the VPs, any of them part of layoffs?

It's very likely just a misunderstanding, but someone told me that I shouldn't get my hopes up for the package, which is the main reason I'm still here after all. Can someone please tell me if there have been any changes in the severance plan... —  read more 

give this post a +1. Thanks and have a wonderful weekend.

Hdd fw seen some changes with couple of directors and the technologist leaving. Interesting times. Looks like plenty of new hires recently. Wonder if we will make it to 2023 with the stock market tanking and EU zone entering recession. Demand Outlook... —  read more 

I am extremely anxious. Does anyone know who will be the main targets? I know that no one is safe, but is it possible for some positions to be a little safer than others?

Morale is destroyed. I doubt that this company will ever be able to attract the kind of talent it had. Now the only question is how far is Seagate from rock bottom. What will this place look like after these layoffs? Even worse, what will... —  read more 

Layoff worldwide confirmed estimated around 1500, batch by batch progressively, starting with management side. Starting October onwards

Although I try not to worry and think of layoffs as the end of the world, I am still very anxious and worried about what will happen next. Didn't we deserve at least a little more transparency? Worst of all is the uncertainty. Rarely can anyone do... —  read more 

Anyone has a head count from yesterday's 'RIF' ? Lyve, Cortx, etc...

Ny news folks . How many where etc. Details plz...

But in the end, the company will always lay off people rather than cut the dividend. The executives and BoD are addicted to the dividend and will sacrifice projects and capital to protect that dividend. I completely agree with what someone wrote... —  read more 

effective immediately, revoking access within hours. no ability to transfer or be placed on another team.

Any news about timing? October? Later? I have heard this will be about a $ reduction and not headcount. What does that mean? If your org doesn't travel and doesn't buy capital equipment and any large quarterly expenses have already been deferred... —  read more 

Heard at employee meeting this week when addressing dividends and capital spending, "We have to think of the shareholders." Dave, that is ALL you think about. Stop trying to nuance the mess you guys have created.

It's ridiculous how many people are leaving and how little the leadership cares. We lose people every week and they are not bothering to bring in anybody new to replace them. I can tell you right now that there's no chance that'll work in the long... —  read more 

I came here not long ago and now I'm already hearing rumors about cuts. Some advise me to start looking for something else. Is this another one of those companies that, due to its poor planning, are cutting the recently hired ones as well?

Can anyone confirm for Singapore, this round at x18, next round after next year capped at x12? Moved this into a thread in hopes of getting some answers.

Rumours about layoffs coming in next couple months. Anyone heard anything or know which departments are affected?

Seagate shutting down soon, low demands for the year 2023, expected very low or no bonus and increment, the repeat of 2008 to 2011 era, chances of mass retrechment are high, be prepared. Be recession coming 2023. Please save as much money you can... —  read more 

The sounds of dead wood will soon be heard in MN. Free, cheap money is no more and so is the ability to keep inefficient, overpaid fan boys of management. Need people who can actually do something productive and not just parrot their management's... —  read more 

Bringing inflation down is more important than our jobs. I'm starting to like that guy.

Yes, I know that even without anyone giving me advice that I should always be on a lookout for opportunities and leave this place for something better. But is it really that simple? I'm ashamed to admit how long I've been sending applications... —  read more 

It is hard not to notice that everything here becomes a reason for layoffs. Even the smallest "turbulence" results in laying off some employees. It is simply terrible to work in such a company where the leadership does not think at all about the... —  read more 

Were there more cuts yesterday or was everybody notified on Monday?

Any news on today's US layoff? What was the severance package?

https://www.derrynow.com/news/home/880391/seagate-workers-prepared-to-take-action-for-cost-of-living-pay-rise.html

Being called in many articles now the "legacy HDD" company hits home. Not only are many of our product lines "legacy" - means just build these drives developed in 2010ish until the orders run out with no BPs, no follow-ons in the pipeline..... but... —  read more 

William Mosley Seagate Technology Holdings plc (STX) Dublin , Total Compensation for Fiscal Year Ending in 2021: $11,641,189 Salary $1,100,008 Bonus $0 Value of Stock Awards $7,054,961 Value of Option Awards $1,474,825 Non-Equity... —  read more