Thread regarding Western Digital Corp. layoffs

What do you think about CEO resigning?

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| 6877 views | | 11 replies (last )
Post ID: @OP+11PHaWDx

11 replies (most recent on top)

Funny how the CEO was given the opportunity to endorse the COO for the new CEO and he declined yesterday. Instead he went on and talked about ethics.

Was glad to hear he thought the next CEO should know technology. That would be a nice change.

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Post ID: @iutm+11PHaWDx

One clown left, many more to go!

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Post ID: @9lfy+11PHaWDx

CEO once boosted about buying SanDisk in an all hands meeting- something about Luczo saying he was 'crazy' for buying it. Ironic.

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Post ID: @7hlv+11PHaWDx

How can we know who made the decision to buy SD? It could be CEO or the board pushed to buy it. But the merge of WD and HGST did not make the good HDD. Seagate made better HDD. WD should feel shame for it.

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Post ID: @7flf+11PHaWDx

Well, if the board still have any sense of sanity, they should fire the entire management team. At this point, we are pretty much beyond repair with a sh– load of debt. Steve got what he deserved. He would be pushed out if he did not announce his retirement. This definitely saved some face for him.

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Post ID: @7cne+11PHaWDx

Some would call it "normal business". Others wold call it bailing out before they push you out.

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Post ID: @5ehz+11PHaWDx

let's see, CTO left, CEO is leaving. COO sold stock on the 31st. what's not clear?

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Post ID: @4akk+11PHaWDx

There is no way the projected earnings for next year can be delivered. Next CEO will have to do more aggressive lay-off spirals.

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Post ID: @3mrr+11PHaWDx

This is a normal business. WD has the tradition to transfer to new business and let the old CEO go. I think Sandisk people will take over WD.

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Post ID: @2sag+11PHaWDx

He was a good CEO, he will be missed

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Post ID: @2wzi+11PHaWDx

Somebody else has to clean up the mess. 6 months from now, it will be a lot messier than now.

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Post ID: @1jyx+11PHaWDx

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