Pay cut has been announced. Only the Staff Engineer & Management Above will be affected.
How about the coming RIF? How many people will be affected? Likewise also Staff Engineer & Management above?
14 replies (most recent on top)
with the paycut.. i am not staying .. looking to move .. even relocate.. i am done with California
When is the D day? % going to be affected?
Has the paycut amount been announced? 10%? 15%? Demoralizing to hear..
The level of management is absurd. Engineer I, Engineer II, Senior Engineer, Staff Engineer, Senior Staff Engineer. That’s for an Engineer level only. How about Manager, directors?
@pwq+1mgDYhbS .....Remember for years when STST was making big profits and they paid sh1t bonuses and sh---y pay rises.We all remember them. Bonuses were never enough to pay people's bills for a year.Get your di-k put if seagates a-s
@pwq+1mgDYhbS "paid" "you're"
Is this true or this is really happening. How many times will they do?.
Please post genuine information
8000 employees affected
$150M in cuts, it has to be big
Shutdown Wuxi, cut SSDC back. And, if I was a manager/director/VP with only a few people reporting to me I'd expect to be cut or demoted. Going after excessive management confirmed.
DNA storage anyone?
STST is the only efficient, cost effective plant in the company. Remember last time nearline demand tanked Rosewood payed everyones bills for a year. Your welcome.
STST could shift 400 and the place would still run. Of course the seagate Freemasons that’s running the place wont shaft their lapdogs.
I've heard they are planning to shutdown Wuxi. So that would be 4,000-5,000 right there.
R&D will be hit. Non-ops will be hit... Basically any role that doesn't contribute directly to revenue will be hit.