Seagate Technology Inc. Layoffs

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Topics regarding layoffs at Seagate Technology Inc.

Seagate needs to cut its dividend

Seagate will pay 1.2B as part of the Bain consortium to acquire toshiba’s memory. This will reduce the cash balance to ~1.4B, back to where it was a year ago. Last year, seagate borrowed 1B debt and laid off employees/cut spending in order to... read more

OKC after 6/30/18

Since IT was let go, as well as OM/AM and now they will let go call center, the people left behind will be minimal.. my comom sense tells me they will shift these jobs to another location.. anyone has info on this?

Good Company, Poor Management

Time and time again I see a very good company with a very poor management strategy: Cut the bottom line. But how far to cut? .... Just keep cutting until something breaks. How smart is this? As a long time employee and technical contributor, I feel... read more

OKC location is closing by 6/39/2018

The OKC location is set for sell if it's not already sold and the whole call center will be outsourced to a 3rd party company located in Dallas. The management is still lying about it and telling people that the moving boxes they are distributing are... read more

Cut the dividend already!!!

Can we just cut the dividend already? Maybe just maybe we could get rid of some of our debt if the unrealistically high dividend was brought down to more realistic heights. As it stands, none of us will see a raise or a promotion for the next decade... read more

Promotions

Most employees are very unhappy here. No raises or promotions for anyone ever is pretty demoralizing. I've been at the company 5+years and I don't know a single employee who has been promoted during that time. Seagate has become a very poor company... read more

All Jobs are taking over by SRC Penang?

Heard SRC Penang only will be there for sometime till the migration complete and the servers moving to AWS. Then after SRC will be eliminated following with Shugart? Anyone heard about this and by when management planning to execute this?

Glassdoor Ratings of Seagate: Frightful

If the Glassdoor ratings of Seagate are to be believed, workers do not like working there. I'm a younger (20 something) programmer looking for work. I used to think Seagate was a cool place to work. Now all I read is RIFs, layoffs, clueless... read more

Watkins Coming Back

I saw on Fox and Friends that Bill Watkins is coming back to Seagate, in a bold power play to stymie enemies and amaze shareholders. Don't know what the response from me and other employees will be. Depends on if we go back to building spinnie drives... read more

HAMR V MAMR

Here is an interesting article on the 2 new drive concepts for the coming year https://www.barrons.com/articles/western-digital-vs-seagate-battle-royale-of-hamr-against-mamr-1522254361

Rome Fell... Again.

Like Watching Rome Fall One only has to read a sad review like this one to crystallize your purpose: https://www.glassdoor.com/Reviews/Employee-Review-Seagate-Technology-RVW18522428.htm After reading this, there are three options: 1) Do nothing... read more

2018 layoff?

Anyone know when the next layoff is going to be? Awhile back on this site, someone mentioned May or June. Anyone else hearing about upcoming layoffs?

How pathetic is Seagate Management

How pathetic is it that Seagate actually puts in the effort to post on this site in it's own favor posing as happy employees. What are they freaked out about? Must be a lot of truth on this site for them to actively promote it's own propaganda.

Hamer shipping R&D Dead

Should be a huge cut to R&D come June. Hamer shipping, nothing else in the works for new development. Should save the company a ton of money to give out to the shareholders. A lot less overhead as we produce current product lines until the end.

No RIF. More overtime.

Just when I was hoping for early retirement, I'm told Seagate can't afford to lay anyone off right now because they can't make drive fast enough to keep-up with demand. This trend is expected for at least the next couple of quarters. Guess I'll just... read more

Watkins Coming Back

I saw on Fox and Friends that Bill Watkins is coming back to Seagate, in a bold power play to stymie enemies and amaze shareholders. Don't know what the response from me and other employees will be. Depends on if we go back to building spinnie drives... read more

DH future in question

When I was talking to VP he hinted dismantling DH or downsizing or even selling after downsizing. Procedure would start as soon as April. It seems huge layoff is inevitable in the near future.

UpComing lay offs

Any update on this? I heard about 6% cut April June quarter. DH will lose 20% employees.

Depressing, Yet Accurate Post

Check out https://www.glassdoor.com/Reviews/Employee-Review-Seagate-Technology-RVW19338302.htm Seagate is a sinking ship (spinny drives are so Last Decade). Read the writing on the webpage. Get the fcuck out now. Or stay, and get HAMRed (get it?)

Cupertino IT

Will there be any layoffs in Cupertino IT in the future? I heard that the folks remaining there are some of the most talented, brightest, and hard working people.

Layoffs at SHK or NRM

Has anyone head reliable info about layoffs in Minnesota? Are the Minnesota sites the only Seagate sites that will still be here in 2029?

Seagate be Jenga, Dun Up on Steroids!

Seagate = Jenga Seagate and Jenga are amazingly similar. The game at Seagate is played by removing an increasing number of worker bees at the bottom, with the blind belief that those managers at the top (who don't do work but do manage) will be... read more

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