Do you know what are top three locations in terms of employee count? Also, how many work at Dublin?
Topics regarding layoffs at Seagate Technology Inc.
On the cards, list is getting ready
They can’t increase dividend anymore, as profit continue to decline. Debt is alarming. Need to cut 15% employees
Do you think it is a good signal? You people can whine here about how FUBAR Seagate is or get off your backsides and get a job in a better company. Hard drive market share is rapidly declining, and isn't coming back. Care to guess how that... — read more
How useful is it in your experience to take additional university classes in order to find a new job for an engineer trying to find a job in a different field? Any better suggestions of what worked best for you? Thank you so much.
Just curious about the real micro survey result I feel belong here and valued as a person I trust the company's direction set by the executives I feel excited about my future in this company I'm supported in trying new ideas and... — read more
Are we going to do better this earning or flunk? The stock has been trending up for quite some time!
Hiring freeze in my team even though we desperately need more people. Is it a bad signal?
There is no hope for promotion.
At some point they have to file for bankruptcy. Debt is too high.
I don't know when it happened but just realized this
I left a year ago when it became totally obvious that we were all being played with buzzwords and make believe new markets that will save HDD like IT 4.0, autonomous driving, 5g without consideration for loss of notebook, mission critical... — read more
Mark my words, they are only getting started with ridding this company of its best employees. The worst is yet to come.
I remember Ravi Naik rolled into town in February or March after the quarterly results reported in last January were less than stellar and he said something to the effect of "I know you may be nervous, but don't be because we've reduced IT spend (cut... — read more
List is out. Stx likely to increase dividend after the lay off. Dothill revenue is a concern.
Most of the talented people moved to other companies. People who stayed there useless people who can’t find another job, especially LCO. If they lose this job they are done. Lot of h1b slaves who graduated from level 2 universities have to go back.
What happened to our HAMR drives? Have we started mass production?
You know, at one time there must've been dozens of companies makin' buggy whips. And I'll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that... — read more
Everybody still recovering from Thanksgiving or has everyone with something to say waiting on their VEEP package clock to commence on December 20th?
Dear CIO thank you for saving Seagate millions of dollars moving my Verizon iPhone to T-Mobile. Your leadership and wisdom is amazing. Now my Seagate and personal data once again has been breached. Signed All of... — read more
Major decision will be announce on last week of January. Insider
Is this going to be an interesting year as it relates to Seagate Technology Layoffs 2020? Any news or rumors?
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
Has it been known to happen?
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
Huge lay off in January/Feb time frame. No info on exact time. Longmont will be affected. Especially, dothill division.
Not thought out, poorly planned, simmering pot of ego's about to all be jockeying for parking spots. Bye Seagate.
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
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...
Are we into our best quarters to come? Seems so
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?
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
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
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.
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
Just announced 3 percent increase in dividend which means another 10m in cuts in expenses to pay for it. If you thought you were safe get the resume polished.
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
Things are going well when a company sells it's silicon valley headquarters. How many of the Cupertino job will disappear? https://www.bizjournals.com/sanjose/news/2019/09/11/seagate-sells-100-million-office-in-cupertino.html
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