Seagate Technology Inc. Layoffs

Topics regarding layoffs at Seagate Technology Inc.

Five year plan

This is my expectation over 5 years. It'll take time to unfold, so just start your preps. 2020: 35K employees. Exodus of best talent already underway will accelerate. Career growth opportunities shrink, disappear. Exit Systems business. Eliminate... —  read more 

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Post ID: @11hALYJO

Voluntary Early Exit Program Who's jumping ship?

So what is your take on the VEEP offering to the U.S. based upper management tier? Will these positions be filled by non U.S. people? Will there be mass layoffs after MGNT get their golden parachutes?

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Post ID: @11ikQzR1

How many of you are still happy at Seagate?

I see so much negativity here that it makes me wonder if there is anybody left at Seagate who is still happy with their job. I'm not talking about the constant possibility of layoffs - sadly that's a given in the majority of companies these days. I'm... —  read more 

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Post ID: @1149LcZ5

Seagate Benefits

Used to work at Seagate last decade. Seagate used to be a great place for benefits. Can current employees tell me: Does NRM still have the on-site fitness center? Loved going there, so convenient. Free yoga and boot camp classes. It was... —  read more 

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Post ID: @11eShJ2P

Time to oust CEO?

Noticed in the last day 3 CEO s have been ousted, wework, eBay, juul...is it time for new leadership for stx before it is too late? If in doubt watch the pathetic show at investor day last week. I say it is time.

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Post ID: @11dpKLGe

Investor day embarassment

That was bad. The CEO showed a TAM of the year 2025, 27 to 30b in total revenue, that will be split between the 3 HDD companies, data from McKinsey. That is 10b each. Lower revenue than this year with costlier energy assisted products. And raise... —  read more 

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Post ID: @118mfs5H

CEO sells $5m in shares

Were you happy with your little bonus? Believe the CEO is as bullish as he says? https://finance.yahoo.com/news/seagate-technology-plc-stx-ceo-231507874.html?.tsrc=rss

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Post ID: @10ZhcTdb

Face Facts: You Are Responsible for Your Life

Did you think someone else was responsible for your happiness? Waiting around for a package, you behave as if this is so. The package is not coming. Recession and layoffs are coming, eventually. Things we can all agree on (though they may be... —  read more 

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| 1106 views | |
Post ID: @10F4DiZI

Oracle k--ls Flash division, 300 gone

Does anyone believe stx should stay in flash when bigger companies cannot do it? https://blocksandfiles.com/2019/08/16/oracle-lays-off-300-to-400-flash-storage-people-hold/

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Post ID: @10zYZsy3

Is there anyone that’s satisfied working at seagate?

I mean I can’t seem to think of anybody at my location that is even close to being satisfied working at this place and the people at this board certainly have nothing good to say about the company. Really curious to know if there is any part of the... —  read more 

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Post ID: @ZVHly9k

Co-workers disappearing. Lay-off or time portal?

Over the last several months, some of my coworkers in MN have disappeared. Typically find out when you need something job related and then get the reply, “not sure who’s doing that now he/she was laid off x-weeks back.” Could this be hamr has caused... —  read more 

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Post ID: @10vKFxrb

$63m spent on RIFs Last Quarter

HR and Executive trolls come on this site and post that there are no RIFs and nothing to worry about. Look at the recently posted financials where STX is down to 40k employees and spent 63m primarily on workforce reduction as part of restructuring... —  read more 

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Post ID: @10nct402

All quiet

This venue has been very quiet lately. Does that mean everyone loves their job and there is no worry of being let go?

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| 1580 views | |
Post ID: @10hfQ3vR

Seagate Breaking The Lay With Latest RIF

I work in IT and was impacted by the July 1st reduce in force. Did you know many of you were let go not due to budget cuts or reorgs, but to be replaced by cheaper, younger temps? After 6 months the temps will become employees. I am planning on suing... —  read more 

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Post ID: @ZTQso4f

This person has inside info?

I was reading through some of the old posts and there is one by @XD2BblD from 5 months ago that seems to be coming true, is this a person with real information? The first 2 have happened over the last few months. Any other movement in the other exec... —  read more 

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Post ID: @103GgW0e

Stock Perspective

Some people on here are too close to stx, its rocket science tech, ponytail fan boys, HR trolls, execs lying, etc, and having difficulty seeing the big picture, but saw this on Yahoo finance this morning. While the broader market has gained 7.2... —  read more 

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Post ID: @ZXepBRg

Oracle audit for IT after RIF

If anyone from Oracle is watching this. You better start soon. Here in Singapore things are not looking to good.

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Post ID: @107Nqhuh

More lay offs coming

Lay off this week just a start. 10% lay off is coming in 2 months. Dothill will be impacted in the next lay off.

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| 2602 views | |
Post ID: @ZR3s5rC

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