Were there more cuts yesterday or was everybody notified on Monday?
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Done? Just getting going. Best work on that personal ESG score if you want to keep getting paid.
Simple.
If you think you are paid more than you work, you will be fired soon.
If you have more idle time at office than before, you have a higher chance to be fired than before.
Seagate is never done with layoffs. They're probably done for this quarter. If conditions still suck, more next quarter.
They do usually do it in one day unless the person affected is ooo.
KK ooi??
Am I “protected” if I have 20+ patents to my name ???
I'm expecting targeted layoffs in certain groups over the next few months until it builds up to a big one.
Hi. I’m the guy who said in early posts that economic collapse and layoffs were in your future and I heard a lot of scoffs out there. Just stopping in to say hi. It ain’t over. Another round is coming this quarter and it’ll be even bigger. And you can pretty much plan for half of the company to be gone in a few years. I’ll check back in after the next one to see how your denial is doing.
someone else said 70 folks US wide but not sure
Expect a big revenue drop next qtr. STX reserved some money for package last qtr. Likely to be done in this qtr.
It’s never really done as long as revenue keeps dropping. If you manage to keep your job your real wage vs inflation will also continue to fall until you own nothing and are happy.
And how many were laid off?