Topics regarding layoffs at Western Digital Corp.

Topics regarding layoffs at Western Digital Corp.

DG’s Last Sc--wup - STI

STI 78.7% of Target!! How messed up is that?? Revenue up 5% sequentially and 41% yoy. But sc--w you all…Good Riddance!

This means no layoffs, right?

I mean, if we beat earnings and revenue is up year-over-year, there's no need for cost cuts? I'm sure the leadership only does cuts when they absolutely have to. Instead, we're going to be commended for job well done and we'll all probably get... — read more 

Mr Excitement!

an exciting, motivating earnings call, go WD

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Post ID: @OP+1jjvqgktn

CFO is out

WJ is out effective February 28th. This is exactly one week after split expected to close. Why now? Not a good look at all.

Hiring Freeze?

Is WD actually hiring? How long does it usually take to get an offer after your final panel round?

Another Cycle

just when there's momentum, new flash headwinds, and this goes back years

Abundant inventory

https://www.investing.com/news/stock-market-news/western-digital-faces-headwinds-shares-drop-93CH-3769806 , wondering what will be the impact ...

$19B to what?

"the board recognized that virtually all of WD’s stock market value was based on its hard disk drive (HDD) business with investors valuing the NAND and SSD business at... — read more 

CISO REQ

https://www.indeed.com/m/viewjob?jk=eaaf09001ad82592&from= # Job Description Work Environment: Hybrid, with 3 days in-office. The Chief Information Security Officer (CISO) is a key leadership position responsible for establishing and... — read more 

WD gave up on talent

Offshoring is the magical bright future. For all involved but actual workers on both shores.

Stock up almost 10%

Our stock is up almost 10% after earnings. Are the good times back? Thoughts about the earnings?

Engineers are leaving Flash Co.

Engineers are leaving Flash Co left, right and center. How do we stop the brain drain? What is management doing to curb this huge outflow of engineers?

Layoffs?

There have been very vague rumors going around about a possible round of layoffs coming soon. I haven’t heard anything concrete. Regardless of how much I’m hoping to finally leave WD, I’m hoping rumors are not true. I want to keep this job for a... — read more 

How are things at WD?

It's been a few years since I got laid off, and I remember how tough it was just sitting there for months waiting to see if layoffs would happen to me. Luckily, things have turned around for me now. I’m just curious - how’s it going for those still... — read more 

Cisco Lay offs this week

So, Cisco laid off ~6000 employees this week. They have a terrible ELT (read their board) and the WD ELT is from Cisco. Watch what is happening to them and you will see what is coming. It ain't pretty. DG was there for many years as was Christine -... — read more 

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| 1080 views | | 11 replies (last September 24)
Post ID: @OP+1uz287L2

Why Believe Anything - Fools

Why would anyone in this company believe any of the noise and rumors. The ELT has shown you they cannot be trusted - believe them. Get out of this dinosaur of a company. I am...

WD loses hard drive patent lawsuit, owes $262M damages

A California jury has awarded MR Technologie of Germany $262 million in patent infringement damages in a jury trial against Western Digital. https://blocksandfiles.com/2024/08/13/wd-loses-patent-infringement-lawsuit-at-262-million-cost/

STI 138.8%

Finally some good news coming from DG's mouth. What do you guys think of new STI?

Patent disputes

https://www.reuters.com/legal/litigation/western-digital-owes-262-mln-hard-drive-patent-case-jury-says-2024-07-30/

Our stock crashing

It was nice to see stock going up foe some time, however now I'm worried as I see it crashing

Executive bonuses

Will WDC layoff, sell property, and cut 401k again to fund executive bonuses, like previous years? If the board is happy, why change?

Koixia

https://asia.nikkei.com/Business/Tech/Semiconductors/Japan-chipmaker-Kioxia-ends-production-cuts-secures-bank-lending

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Post ID: @OP+1t5LusPX

Wary of Mouse Movers

Wells Fargo detected and terminated employees using productivity simulation devices, so time to find something else

margins

c-gate upped their Q4 margin guidance to 30-33%, let's see where we land

Earnings Call

We’re in the early innings of unlocking the full potential of this company, said CEO DG, which aligns with past remarks about releasing the company’s potential. Nice mentions of AI, but does it turn into a growth engine.

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