Seagate Technology Inc. Layoffs

Topics regarding layoffs at Seagate Technology Inc.

This leadership is useless

Does anybody else still working at Seagate trust our current leadership? Believes they can turn us around? If there is somebody who believes this, I'll be mildly put shocked. Hopefully, everybody has seen through them by now, and knows that the only... read more

If you lose job on H1B

You have to vacate the the cihntry within 45 days as if new rules or else DHS will send FBI to arrest you. Happened to one-off my friend at Cupertino.

Here is what I learned

I was laid off from Longmont last year and it took more than 6 months to find a job in what people call a great job market for job seekers. Here is what I learned: Seagate is considered old tech and not a great name on your resume unless looking for... read more

No good alternative

I've been sending out my resumes for the past several months, testing out the water, and what I'm finding is really not good. There don't seem to be that many available jobs - no matter what the economy numbers are saying. And even when I was able to... read more

More to come

EDS / Cloud brethren: Much more is to come. Stay tuned for repeated, small RIFs at workerbee level... All at and above Staff level - LCO and Pune - start preparing for life outside Seagate. 'Misalignment' with mgmt will hasten your journey - for... read more

EDS CTO out?!

Whats up with EDS guys? Anybody care to enlighten us??
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Post ID: @Ymsk493

What happened?

What happened to all the supposed big layoffs? Why didn't they happen? Can't wait for more rumours and lies.

Firings in lieu of layoffs

I've noticed people are being fired lately much more often than it was the case before. I know of two guys who were shown the door in the past two weeks - and in both cases the reason given is mildly put ridiculous, something that usually would... read more

Severance is not a guarantee

Remember this, people. Severance is not something dictated by law. It's literally on the company to decide if it does or doesn't want to give a package to laid off employees. Don't wait for something that might not be coming just to find yourself in... read more

Cupertino office closure

I overheard a discussion about the Cupertino office closing and moving people to Fremont building. The discussion sounded as it would be a transition and not just an overnight switch. Any truth to this? Anyone know more of these details?

This wait is unbearable

I really wish we were told what's going on - just waiting, guessing and worrying is mentally exhausting. I think I'd handle it better if we new layoffs were tomorrow - at least I'd know it'd be all over after that, one way or another. Having to wait... read more

What March layoffs?

Why are people talking about layoffs at Seagate in March as if they were a sure thing? All I saw so far were a few rumors here and there, nothing concrete. Did I miss something? An announcement or even a hint from an official source that something is... read more

Any regrets?

With more layoffs looming sometime next month, I've become more tempted than ever to just leave on my own. Wait for layoffs, if I'm not on the list, leave anyhow. I'm so tired of having no semblance of job security. I was wondering, those who have... read more

Seagate Springtown Focal Survey

Seagate Springtown got absolutely trashed in the most recent focal survey,it wasnt the first time this has happened and wont be the last.Management have been scratching their heads wondering why the results were so bad.The geniuses that are the... read more

Always be prepared if you are working in Seagate

I was with seagate for a couple of months before i was shown to the door due to "re-structuring" I had packed all my stuff even before the hearsay lay-off rounds got in, on the day itself just awaiting managers' name calling and went in smiling to... read more

$30 for 240gb SSD

Lots of pressure on HDD prices. https://www.pcworld.com/article/3341336/computers/solid-state-drive-prices-get-even-more-ridiculous-this-240gb-ssd-is-just-30.amp.html

Exec heads need to roll

There needs to be some exec changes sales did not see this down turn at all. Sales leads need to be changed at VP level investor relations has not messaged where the company is going and the stock has not moved much what is business excellence VP and... read more

Seagate's Layoff process

These upcoming layoffs will be my first experience of layoffs, (yes, this means I am new to Seagate). What is the usual process and how long does it take? Is it a long drawn out process that can happen to anyone at anytime over the next few months?... read more

Dont believe it until it actually happens!!

I've been a regular reader of "seagate layoffs" for quite a while and 99% of the stuff posted about layoffs is utter bullsh11t.There is not one contributer that knows what is going happen,its all lies and fantasies.People scaremongering just for the... read more

Watch insider selling

Here is a link to see who is buying and selling. Surprise - Valueact is the only one buying https://www.nasdaq.com/symbol/stx/insider-trades

Listen to earnings call?

$300 m revenue drop in Q2 to $2.7 b. Forecast is another $400m drop in Q3 to $2,3 b. I think we have to go back to before we bought samsung hdd to see such low revenue numbers for Q3. I do not know how we buy capital for hamr or pay dividend with... read more

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