Thread regarding Western Digital Corp. layoffs

Latest layoffs rumors at Western Digital

Latest layoff rumours I am hearing is now 10 to 15%. Stock price has imploded and forward outlook for SSD profitability is going to be in the negative territory for the next several quarters. I hope everyone was saving their $$ when we were doing well, because the foreseeable future is bleak.

So very, very, bleak....

Bumped from @UPoWCPx-zqsn for info.

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Post ID: @VqHxPmF

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Meanwhile wd ceo make 2x seagate ceo, and wd president/coo make same as seagate ceo, but seagate stock performance better than wd in past year and 5 year

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Post ID: @VqHxPmF-5cth

Love to see WD out of the business because they layoff good engineer and keep their family to run the business.

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Post ID: @VqHxPmF-1ahn

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