It is not that easy to find another one in Singapore in terms of work life balance. And also its retrenchment package is generous. Most local companies will not have that if I am not wrong. I hope Seagate business will recover in 1 year horizon... —  read more 

The goal is to maximize the extraction of value out of an existing business to the board and the institutional shareholders and to milk it until its dry and they've offloaded its worthless corpse to new suckers. This here is sadly what's been going... —  read more 

PFrosty and her HR army are targeting an additional 10% cut across the board, regardless of role. P3 and up will have their salary reduced for additional 6 months. I'm personally jumping ship soon. "People first!"

How is this for equality?

I was on a Seagate business trip and driving a rental car. I got pulled over for an alleged traffic violation. Even though I believe I didn’t violate any traffic rules, I paid the fine anyway. Can I include the fine on my expense report?

Dodgy Dave owns 0.3% (approximately 621,000) of the outstanding shares in Seagate. Dividends of $0.70 per share per quarter would yield him an annual income of $1,738,800 or 158% of his listed base salary. Yet this sociopath has the audacity to tell... —  read more 

Email today: Uphold Integrity at Seagate: Complete Annual Code of Conduct Training Dont forget to complete this training. I think someone is having a laugh asking us to complete this after what the company has done. I definitely will not be... —  read more 

Headline reads “Seagate Technology Holdings Has Affirmed its Dividend $0.70 for July 5th”. We are selling buildings and incurring massive layoffs to raise cash to pay the Dividend? Floating a new much more expensive bond sale to cover the previous... —  read more 

https://therealdeal.com/sanfrancisco/2023/05/27/madison-capital-buys-seagate-technologys-fremont-campus-for-260m/#

She should of been fired for the Huawei deal

Was on a call and she was insisting the next round of pay cuts will have to include Operators and hourly employees...Not good.

a couple of key points: For some companies, noncompliance may be considered good business as violating the export controls may result in penalties that will be a fraction of the revenue the companies gained by violating the law. (that was the... —  read more 

Thanks.

Starting in FY24 there will be another pay cut and Total Rewards team is planning to cut the 401k match from 50% to 25%.

Those of us who possess the invaluable expertise and know-how to effectively manage and run things are shamefully undervalued and underpaid. At the same time, those clueless souls who come to us for help, including so-called managers, are raking in... —  read more 

They cut critical functions at NRM, leaving key groups tasked with the HAMR ramp scrambling to figure out how to mitigate disaster. Yet the group working on DNA storage were spared?! WTF!!!

I used to think quiet quitting was something lazy employees did. After the last round of layoffs and the way they were done, I realized that those who are quiet quitting are the smart ones. Some of the best and hardest workers lost their jobs. What... —  read more 

More layoff comint and building shutdown

Has anyone tried calling ethics hotline about our CEO?

What’s the likelihood of having another one.serious answers only

What questions do you have in your mind? Please "REPLY" under this thread

Seagate ethics question 13: In this scenario Dave has a million HDDs in his basement. Should he: A. Sell them to whomever he wants, cause he-l, hes Dave. B. Sell them illegally as our guy is clearly above the law. Sell them to someone he... —  read more 

I’m surprised Seagate kept their DNA storage research group in Seagate research. A Total waste of money in my opinion. Anyone know why that group was not eliminated?

Anyone know how the impact was in China or Thailand?

I can’t help but notice a majority who were let go haven’t been seen in their cube for weeks or even years in some cases. After we were all told to come to work 5 days a week unless remote is approved. Did you think they wouldn’t notice or did you... —  read more 

https://www.derrydaily.net/2023/05/23/court-to-hear-trade-unions-application-for-recognition-at-seagate/

It was obvious then and it's even more obvious now - Seagate should have suspended their dividend 2 years ago when WDC dropped their dividend. This clearly was a strategic blunder. Seagate management has been managing the company as though there... —  read more 

1 billion in notes being floated by Seagate to help pay the previous UnsecUred Notes. Kind of like Credit Card balance transfers but for your Business when you s$ck at money management.

We're nearly there.Seagate Springtown management have twenty days to appeal the court decision. Will STST waste their time and money appealing the decision,or will they hold their hands up and admit defeat.HR and management will now have to abide by... —  read more 

Spreadsheet says so… anyone have the details?

As per normal Slider and HGA took a huge hit of 40+ on a guess. Main targets this time were hourly and frontline salary positions. A few people from miscellaneous and support groups have also been effected. After this NRM has become even more... —  read more 

Is there supposed to be a news release?

If my team was affected already, does that mean the rest of us are safe? I know usually that would be true, but my manager is keeping his mouth shut and that worries me a little. It could also be that he genuinely doesn't know anything just yet, but... —  read more 

The way ppl are treated..and removed at will. I hope this company bites the dust soon so that ppl don’t have to go through this in the future. Pls managers next time when you post something to hire don’t boast saying it’s a Grt company and pls tell... —  read more 

Anyone know how the decision was made? From the upper management? In which level? Or based on performance?

US teams are done except for managers. Asia will be done by US midnight. Every team is impacted by at least 1. The managers have their meetings this afternoon. Managers have been asked to be onsite for a United front. If you’re in a group meeting... —  read more 

I was laid off today. $200M in layoffs is what the package says. Good luck Seagaters.... Severance package was the same as October and March layoffs. Fairly generous if you have any time in. Minimum of 4 weeks.

Anyone know?