Does anybody know what kind of criteria is used by Seagate when determining who will be laid off? I am assuming performance assessment is one, but what about last in first out system? I am relatively new to the company, so this is something that can... read more
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Topics regarding layoffs at Seagate Technology Inc.
They maintain secrecy until then.
Any news from the meeting in springtown ?
Just how many employees have seagate got worldwide? How many would need to be RIFed to keep seagate running so its a viable company.As a company it seems Seagate is behind other similar companies in new technology.
New CEO will implement that step by step. DH will be sold after haircut.
No idea what news is coming from Burns tomorrow . Hopefully good but unlikely .
Typical Seagate. Get rid of the knowledgable high earning older employee and replace them with cheaper graduates. How exactly is that young graduate going to increase their knowledge if you've just rifted the their source of information. You might... read more
Will confirm soon.
I got laid off in July 2017. The only employees that I know that were affected were in their late 50's and 60's. Surpisingly, they just posted a job with my exact title on their website. Only problem is the job description was cleverly worded to... read more
Hearing from various managers in Londonderry that there's potentially 8000 layoffs coming in Jan 18 plus somewhat ironically a small focal increase for 4s and 5s . The mind boggles .
Heard that there is a promotion plus focal increase for a selected few, and no increment for the others. Nada, not even a meagre few dollars. How is this fair to all? Management dont know what they are doing any more.
Complete restructure, reorganization awaiting with new CEO. BCG is on site now.
Done: https://www.theregister.co.uk/AMP/2017/07/27/seagate_offloads_clusterstor_line_on_cray/ Xyratex Suzhou Korean D.C. To Do: http://www.anandtech.com/show/11037/seagate-to-shut-down-one-of-its-largest-hdd-assembly-plants Dot Hill eVault LaCie... read more
The ClusterStor sale signifies the probable end of Seagate's upwards vertical integration ideas. The future of the Dot Hill business must now have question marks around it. They likely close this business as early as March 2018.
Let's discuss some figure from different site...
Everything go well after another 20% cut in January and Closing Of DotHill. Start looking fir a job! Especially if you are in visa! You have 45 days to leave the country.
Forced ranking eliminated after 20 years of visceral executive defense of a system that most tech companies abandoned 5-10 ago as a failure. Maybe the majority of employees are also right about a lot of other f---ed up Seagate policies that destroy... read more
We still have plenty of overtimes & hiring. The best part D&D is just round the corner @ MBS. To those haters, hate yourself after you got your a-- out, grown up guys.
I would expect the axe to fall end of September for general rif. You saw the slide saying our op ex is 17% and they want it down to 13 to 15%. Any organizational shifts like CSsG/Dot Hill or facilities closing will be later if needed. I believe this... read more
Mosely told us that employees will always be sacrificed first to appease the Wall Street gods. Why no focal increase? We told Wall street we wouldn't. Why more layoffs? Our op ex isn't whete we want it to be. Instead of growing revenue positively... read more
These were the words of new CEO today, "I wish I could tell this room we are done, but we are not there yet", "we will see what happens in the next 6 months". This seems to match rumors of layoffs at the end of January '18. What is your take?
I believe it is finalized. Aggressive cut before restructure.
Actually, the executives are doing what is necessary. HDD technology is mature and hitting natural physical limits, while facing slow replacement by SSD technology. It won't immediately replace HDD in every instance, but the trend is inescapable... read more
Samsung announced at flash summit '17 that fifth generation will include Samsung's first QLC NAND flash (four bits per cell), with a capacity of 1Tb (128GB) per die.
Search is failing me, or I am still too sleepy to function efficiently, but I can't find any concrete info on what severance is like at Seagate in case of layoffs... Anybody knows what to expect in case I find myself being shown the door? I am... read more
There's so much tension in our department it's not worth engaging anyone. People are snapping at each other all the time. Seagate will soon start moving people to other shifts to get work done wether they like it or not. Employees are not people. So... read more
Lots of blaming this and that. As employees of Seagate, current and former, what would you do to fix this company from collapsing? Only two rules and three goals, unless you can think of more goals. Rules: a) Remember your boss is the 292 million... read more
Huge lay off in November, then guess who is going to acquire this company?
In 6 months the weekend workers will be gone, hammer will be be history and seagate will gut R&D. We will be a production only company as we die off.
He had the nerve to happily accept a 25% raise while sending us an email that there will be no raises across the company. That's $125K raise, folks! Same job, poor financial performance, but gets mo' money. We're not talkin receiving the usual piss... read more
330TB per cartridge. http://www.techrepublic.com/article/ibm-breaks-tape-storage-world-record-with-330-tb-of-uncompressed-data-on-palm-sized-cartridge/
From an ex-Seagate employee, so sorry to hear of yet another layoff. Wishing you and yours well wishes and a speedy recovery. For those still at Seagate, I encourage you to look elsewhere. Seagate management has you in it's sights. You will be... read more
AMS & HEPTAGON
Ok. Let me tell you what is going on since your executives will not. SSD has taken out 15K & 10K enterprise HDD as well as PC HDD. When SSD's are deployed in all flash arrays in combination with de-duplication technology, the SSD capacity need is 1/3... read more
The 2000 20-billion dollar deal looked like a great deal for Seagate. But, did it hurt the long term viability of Seagate by divesting interests in companies like SanDisk? YOU BE THE JUDGE. "I think the value the shareholders are getting is pretty... read more