Any ideas when is the next wave coming?
ASK SALES WHAT THIS MEANS... THEY DID IT NOW EVERYONE IS GOING TO PAY FOR IT, EXCEPT THE ELT TEAM. BOD IS CLUELESS AS TO HOW THEY ARE GETTING TO NUMBERS. CROOKS AND CORRUPTION!
Retention Awards Mr. Goeckeler’s retention award is for a number of restricted stock units of the Company equal in value to $5,000,000 in the aggregate (the “CEO Retention Award”). The first 30% of the CEO Retention Award will vest on June 15, 2023... — read more
The Star Wars Emperor doppelgänger told employees to keep working hard and bend over today after the earnings call. The bonus is canceled, 401k match is halted, and more cuts are coming. SVPs are taking some pay cut. Big deal!
Here's what is being offered at Google. I am sure WDC can do with a much smaller package? What is offered at WDC Google will pay employees during the full notification period (minimum 60 days). Google will also offer a severance package starting at... — read more
Under the CEO David Goeckler's excellent leadership and his leadership management teams, WDC is now asking employees to volunteerily "retire". The goal is to have 10% resources cut, so the balance will be from employee layoff. So massive layoff is... — read more
Western Digital would spin off its flash business and merge it with Kioxia, creating a publicly traded company in the United States https://www.reuters.com/markets/deals/western-digital-kioxia-advanced-talks-merger-bloomberg-news-2023-01-21/
More people are being asked to retire
A new law that went into effect this week requires most California employers to disclose salaries on job listings
Or are we done with cuts for a while and can relax a little?
$30.59. This stock sucks..as does DG!
While some do enough work for several people, others are almost useless but they still stay here. When will this place finally get rid of all the dead weight?
Or are they not very helpful with employee concerns?
Will there be any Western Digital layoffs? Any chatter, news or rumors?
The writing was on the wall. Considering how badly managed this place is, it's only surprising that the cuts weren't even bigger. Agree?
I also layoff from WDC - work here less then a year, and i see that there no mention, on any news site and anywhere. I know that besides me, other people were also fired, from different countries and continents. And unlike all the companies there is... — read more
I try to think positively but I am aware that it will not be easy to find a job at 50+. How to get a good job at this age now?
All these years, I have been doing my job as diligently as possible, trying to be the best at what I do in order to add value here. At one time I had some solid offers to leave, but I remained loyal to this place. And what now? My experience can... — read more
Oh wait...but WDC now stands for Western Digital Cisco. This leadership only cares about lining their own pockets while they drive the company we all worked so hard together to build, into the ground. What a never-ending sh-t show.
We don't need take this behavior. We delivered strong results, but the young employees who don't contribute get all the rewards and job security. This is just wrong. If we don't stand up to them, more employees will suffer this fate. All the... — read more
This rif was definitely age discrimination given most people impacted were 50+. I did some research on the class action lawsuit for discrimination a few years back (which cost the company $7.75 million dollars). For those of us who fall in this... — read more
All of a sudden, everyone decides to retire. It's age discrimination voluntary retirement or layoffs.
“Are you going to talk about Elliot?” “No” Okay that concludes our call. Freakin’ less than 10 minutes of content.
don't trust him and rather prepare for your next career! - This is my most sincere advice, so that no one else would be surprised by RIF because of having a complete trust in their manager, as I once had.
I used to be proud to work here. Unfortunately, not anymore. Does it also seem to you that our executives think they are doing great things? My impression is that their inflated egos do not allow them to see things the way they are and admit to... — read more
with my understanding of this company, they will be letting people go at the rate under 50 people at a time. I think they do not want to trigger to file a WARN report.
Some of those folks who were laid off less than a year after they were hired left good jobs to come here. They thought they were being given a legitimate opportunity just to end up kicked out with nothing to show for it. That shows such utter... — read more
Judging by what I hear from those who were impacted, it seems that the age was one of the main criteria for these RIFs. If this is true, shame on this company!
I think they will lay people off in stages. Let's look to other groups. I am in the same boat as this unemployed finance guy. I don't have much to do and I am also being ignored. Will going for an internal transfer help?
Today I got layoff im from the Finance Department, I'll stay and get paid till mid-Jan and a severance of 10k, also saw a director get the layoff earlier in the week, and people were talking about who's next. I would say that if you made it this week... — read more
DG will trickle layoffs so he does not have to adhere to WARN act. https://www.shouselaw.com/ca/labor/wrongful-termination/warn-act/ Hope he and leadership team had a great time in Bali! What a bunch of useless men!
Several folks reporting. Not too big but still, folks are anxious...
Layidoff today someone also ?
Just received notice. Anyone else here that was riffed from the Longmont office?