Topics regarding layoffs at Seagate Technology Inc.

Topics regarding layoffs at Seagate Technology Inc.

Corporate Narcissism

Just read this and it resonated with me and some of the managers I had at stx. According to Alan Downs, corporate narcissism occurs when a narcissist becomes the chief executive officer (CEO) or other leadership roles within the senior management... —  read more 

Dividend is the issue

Seagate is strangled by their incessant need to maintain the dividend. There cannot be any investing with this strategy. Exactly! When the company is focused on the wrong thing it's no wonder we are lagging behind. This affects everything -... —  read more 

More lay off needed.

As a Big share holder of stx I want my shares to go up. I have invested here not give jobs, but makes money. Make the company profitable by laying off people who are not performing, who work less than 12 hours a day, who rest on weekends. Employees... —  read more 

STX 10-k filing

Went through seagate's 10-k yesterday. It listed 18 pages of business risks! Wow none of this comes up during the all hands happy time meetings we have. every business has risks, but 18 pages! Exec compensation was not available. It will be... —  read more 

Why no Innovation ?

Seagate seems to be struck in drudgery. “Data is the new oil” and Seagate can’t seem to capitalise on anything beyond basic HDD since the 2000s. Revenue CAGR is way down, Units are massively down from 70M to 30M. Acquisitions have been poor -... —  read more 

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