Sell shares ahead of Kioxia merger or wait for 2:1 exchange? https://www.conferencecalltranscripts.org/summary/?id=12561466
There is a long list of employment related issues. WD settled a class-action gender bias case gender bias case couple of years ago. I’m not going to bring up my list here - most of us know; but management keeps ignoring … how much do we have to be... — read more
I see so many of you hate your jobs at WD. But what would need to happen to make you stop feeling that way? I'm genuinely interested to know if there's anything that would help. It doesn't have to be anything huge, even a little something that would... — read more
All manufacturing will be shut down by Christmas. Only R&D will stay operating in hopes that the economy will recover. Company has way too much debt to become solvent. I suspect that the Elliot deal will spin off Sandisk into a separate company and... — read more
You think it’ll happen?
WDC 2023 53,000 -18% from 2022; or -5% each year 2022 65,000 2012 103,111 https://www.macrotrends.net/stocks/charts/WDC/western-digital/number-of-employees Our friends at Seagate same story, but not as bad. 2023 33,400 -16% or -4% each... — read more
From the SEC website. Besides the plush sign on bonuses and LTI, the change of control terms are pretty typical (and generous) too. https://www.sec.gov/Archives/edgar/data/106040/000010604020000024/wdc-2020q3ex101.htm
What will happen in the next 3 months?
A guy I work with took a job that pays 30 percent less than WD. I think that's excessive.
As part of the deal, Western Digital immediately leased the campus from the new owner, Blue Owl, upon completion of the sale. https://www.mercurynews.com/2023/09/07/south-bay-milpitas-tech-real-estate-office-build-economy-buy-covid/
I feel like WD is destroying my mental health and I can't say with certainty that it's not intentional. How messed up is that?
Anyone has some info on the ongoing offices consolidation effort, any site expected to be closed?
Any new lies?
Did you have layoffs at your site. I personally know of 3 people affected at the GO site.
Sorry, no merge happened, you can try next month.
What happened to the great company I joined a decade ago?
Probability of merge in August is just 1/31
So I hope at this time I hope all you know that merger is not happening in August. Maybe now the speculation will say that Sept or Dec. Stay tuned
I am actually hearing that there is going to be layoffs in November
I can hardly wait. Pretty exciting!! Good luck everyone
Merger was meant to happen in August. August almost gone.
Wasn't a merger going to be announced in August? It is almost end of month. I know, they now will say September
https://www.forbes.com/sites/tomcoughlin/2023/07/18/wdckioxia-and-nand-flash-industry-consolidation/ It’s crazy WD bought Read Rite after they filed bankruptcy. RR had already had a 8 inch wafer fab. Hitachi and Seagate together tried to buy RR... — read more
Is the no bonus and no rsu's a warranty that there will not be more layoffs, or can we have more layoffs plus the benefit cuts? We coud not be in worse shape
How hard is it to figure out that any merger equals huge layoffs and that nobody is safe? Every position could be made redundant. Every position could fall victim to cost cuts that always accompany mergers. As somebody mentioned in another thread... — read more
Few months ago we were hacked and customers were not able to access their data for weeks. Now it turns that our expensive devices are losing data. Will we be able to gain our reputation back?
Wasn't a merger announcement going to be made in Aug? Two thirds of the month have happened and no announcement yet. Do we as workers want a merger or not?
Is there any reason why management wouldn’t make necessary headcount reductions? It’s confounding why cuts aren’t happening when WD is losing so much money, and many employees have nothing to do.
First of all, I doubt a merge will happen. There have been talks for 3+ years and nothing happens. Second, if an agreement is met, it need to be blessed by the Chinese and they just forced intel to not to buy tower and intel lost 500M. So move one... — read more
I understand getting laid off is hard as I've been without a job before. But we all know that lashing out, ranting, and name calling don't help. Vent if you have to, but don't get carried away. Don't matter how much we complain here, or calling... — read more
Looks like the incompetent SSD management has come up with a new way of pushing people out. They have created a set of new criteria to evaluate people. They are trying to show that engineers are not performing at their newly concocted job... — read more
After all that has happened they're still expecting us to be loyal to this place? Don't make me laugh!