Don’t you find it odd??
11 replies (most recent on top)
It's because this company is irrelevant
@1az...be honest and transparent and no one will make anything up
@1azi+1mNxd8TH 5K may be low adding in any factory layoffs
5K+ RIF sounds like a made up and very exaggerated number.
Mostly because the California EDD has not posted the warm notice from WD and WD has not publicly announced the details of the RIF. Once it’s posted you’ll see some outlets talk about it
There was this article that popped
https://www.calcalistech.com/ctechnews/article/h1eqoenoc
Both WD and Seagate have 5k+ RIF worldwide in last six months. Not a small number.
small numbers for the press to care after they report on Meta and others laying off thousands of employees
Here are some reasons:
- WD never officially announces unlike other large tech firms. Not even in internal emails or AHMs, where DG and SS simply bulls@&t over these questions
- No one in media or wall street really gives a cr^p about WD
- WD employees who get hit simply move on, instead of moaning and groaning on social media like Google, FB and Amazon techies
With current stock price and no dividend, not many ppl would care.
No I don't find it odd because while WD is a big company, it's not a company that public knows about. He-l, Empower is one of the biggest 401k management company, I've never heard about it until WD switch to it.