Thread regarding Seagate Technology Inc. layoffs

Now force AL then Retrenchment?

Now need to force take AL, so retrenchme t soon?

Rumours around that pay 2weeks for 1 year

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Post ID: @XQmDrpr

10 replies (most recent on top)

In us:

Tenure more than 10 yrs is 2 weeks per year

5 to 10 years 1.5 weeks per year

Less than 5 is 1 week per year

News flash, it takes more than 3 months to get a job, longer for a good job director level and above. Start looking and protect yourself. There is no loyalty to you.

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Post ID: @XQmDrpr-3asy

Us = 2 weeks per year

Non us = 1 month per year

Both reported from recent rifs

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Post ID: @XQmDrpr-3pkq

Sounds like singapore region what ts mentioned

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Post ID: @XQmDrpr-3bmj

Better be a big 40% RIF if the package is down to 2w/y because all the remain will throw their mouse off the window, sit and wait for their turn next . No amount of management skills will make them to work positive anymore.

Real bad if its a 10% RFI , Seagate keeps a little and gets 90% zombies.

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Post ID: @XQmDrpr-2iqu

No boss ever says there will be RIF until it actually happens

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Post ID: @XQmDrpr-1uvn

No retrechment my big boss said

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Post ID: @XQmDrpr-1awl

Most likely Singapore. I heard it was 1 month per year for previous RIFs, so 2 weeks/year would be halving the amount. Wouldn't surprise me if this was true, but this rumor of reduced packages comes up at almost every RIF.

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Post ID: @XQmDrpr-1fyx

The Signs & Symptoms already showing ...

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Post ID: @XQmDrpr-pfm

Look up the form. It's a minimum of 2 weeks plus a week for each year you've been here (at least in the US).

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Post ID: @XQmDrpr-hij

Thats too low? Location???

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Post ID: @XQmDrpr-vsa

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