acquisition of SNDK held promise, and not believe in separation of WDC and SNDK
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
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?
Mike Cordano joins Micron!
Mike Cordano has joined Micron as Global Sales Chief. Thoughts??
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
Western Digital Layoffs 2025
Do you predict that there will be Western Digital layoffs? Any chatter, news or rumors?
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?
DG sells 75,000 WDC shares
DG sells 75,000 WDC shares - details: http://insiderbuyingselling.com/?t=WDC
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
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...
$100M AI Productivity Benefit
sure, let’s see
More layoffs are inevitable
The only question is when. I'm thinking we'll find out in the next month or two.
STI percentage and thoughts?
How were people's STI? Note down your percentage and level. Mine was 145% at level 107.
Thailand approves Western Digital’s 23.5 billion baht project
Thailand has approved the Western Digital’s 23.5 billion baht (693 million dollars) investment project. Western Digital contributes to the development of the Thai economy by currently employing 28,000 employees in the country. The BOI explained... — read more
Time to talk about it
https://www.inc.com/joe-procopio/lets-talk-about-ageism-in-tech.html
Kioxia Holdings has applied for listing on the Tokyo Stock Exchange.
https://www3.nhk.or.jp/nhkworld/en/news/20240826_03/#:~:text=Kioxia%20was%20approved%20for%20listing,the%20spread%20of%20artificial%20intelligence. This is big news in Japan. On all channels.
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?
Is Micron a better working environment?
Anyone got friends over there ?
Koixia
https://asia.nikkei.com/Business/Tech/Semiconductors/Japan-chipmaker-Kioxia-ends-production-cuts-secures-bank-lending
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
irregular timing? May RSUs
got a big chunk, roughly 60% of my pay (109, flash)
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.