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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When you say data storage market trending it is obvious you do not say HDD market. Nand is taking over and expensive hamr will make nand even more attractive. Listen to the earnings call, stx will be a 9 to 10 billion revenue company in 2020. Look at the size of the layoffs last quarter and 63 million spent on the layoffs in 1 quarter. As revenue decreases layoffs and site closures are the only way to keep paying the dividend or with debt if anyone will lend this company money.
You are better off making toasters if you think you can compete with the Chinese.
Demand for storage will trend positively with data business. Storage business are more than just laptop/desktop market.
Geez, I don't think things are that bad when a bunch of drunks are the only ones posting.
Yep, Seagate drives failing. Company orbiting the drain, like a spinee drive. That's the nail in the coughin. Keep coffin'.
But Seagate drives fail all the time. Why would people buy them?
It dun will collapse. Seagate collapse, rot it from de inside.
So,... 4uys and 5tyf. Apparently, you’re the same WD id–t? Join Seagate, or don’t.
Can’t wait for the Seagate quality toaster. 10% failure rate and still the best a man can get
The toaster strategy is better than the company's current strategy, longer term, and highly profitable with your business acumen. Based on current quality metrics you and your MN buddies might be better at toasters than hard drives, give it a try.
4gok you’re still an id–t. Toast be breakfast. Want to store something? Most do. Else, Seagate could create and sell a $150 toaster for $2 dollars, and still make a huge profit.
That's funny what you wrote, in other words Consumers value hard drives as much as a toaster. These geniuses will be designing toasters in a few years when stx is toast!
1lyb, you’re an id–t. Hard drives are the most complicated -single device- made in the world. Period. And, they’re sold, for the same $s as a high end toaster. Also, the density of highly skilled, highly educated people at Seagate, far exceed 3M, HP, and IBM. It’s not even close. I know that, because I’ve worked at each. Lastly, my friends hiring around the TC, love Seagaters. Why? Because they kick a–. The End
STX is not viewed as cutting edge with great talent plus it is old technology. not highly desirable to have on resume. this why most are hanging in there at stx and waiting for package.
Can I take it that most of people can not find a higher pay job?
Would you be worried with a years pay in the bank and no debt? Stop being stupid with money. Cut up your cards drive a beater car and live “Seagate poor” like the rest of us that are forced to build a war chest to compensate for zero job security here
Just leave. Staying there is not worth it !
Why worry so much? When your time it’s up, it’s up. Just do your bloody work & stop expecting Seagate gonna collapse one day, that one day might be another day