Thread regarding Western Digital Corp. layoffs

Is August 16 next RIF ?

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| 3602 views | | 13 replies (last July 5, 2023) | Reply
Post ID: @OP+1ngKOhqq

13 replies (most recent on top)

There will be another RIF before the end of FQ1'24; unfortunately, the company's OPEX and quarterly revenues do not align, and cuts will be made without increased revenue coming in. That, coupled with crippling debt, back IRS taxes owed, colossal executive compensation packages, and another loan taken out to help with Cash Flow is a clear indication of a company in trouble. The Great Oaks sell/leaseback is another indication of financial difficulties.
Update your resumes and be ready for whatever might come your way. No one is safe!

The August 16th date was from a previous post, I'm not sure if this date is accurate, but there will be one between the middle of August and the first week of October.

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Post ID: @cngn+1ngKOhqq

@7het+1ngKOhqq they don’t care, so don’t be optimistic for change

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Post ID: @7bjs+1ngKOhqq

Sounds like the SanDisk executives have been doing a lot of damage to the company. I’m new so I don’t have much of the history. Is anyone sharing this site with them so they can take some sort of action or address it with those of us who still want to actually earn our paycheck?

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Post ID: @7het+1ngKOhqq

How do we get the SanDisk execs out of this company? They control all of FPE now. They strategically eliminated many talented legacy WD and HGST individual contributors and first level managers that now we can’t recognize this company anymore. The RIFs are not stopping as long as we have them at the top making the business decisions. They don’t know sh*t about the enterprise SSD market and they continue to make mistake after mistake with no accountability. They all need to take a huge pay cut or leave before we go bankrupt.

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Post ID: @5dzh+1ngKOhqq

Try to find a new job.. wdc is done

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Post ID: @4fek+1ngKOhqq

My manager confirmed that in August new layoffs will come. He was not having the exact date

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Post ID: @2tho+1ngKOhqq

I heard end of April first, but there came the hacker, so it was pushed to May. My manager's manager set a meeting with me on 5/24 two weeks ago, so they should have the listing before end of April to get me out back then. If you traveled around your office, some colleagues may have some rumors, and it's very accurate. I was with WD more than 10 years and experienced more than 10 RIF, and I know the exact date everytime ahead of it.

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Post ID: @1dir+1ngKOhqq

My goal is to leave before August. Cannot wait.

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Post ID: @1zhm+1ngKOhqq

I wouldn’t be at all surprised if they let a few go before July just so they don’t have to pay the healthcare compensation, but I hope not.

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Post ID: @1sjd+1ngKOhqq

5/24 & 8/16 came from the same source. Back in May, my manager told me he had never heard of any layoff in May but it happened exactly on that day. So I believe the 8/16 one could be true. I wish they had canceled the original plan though. The thing sucks was management never told us what actually happened in May.

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Post ID: @1bty+1ngKOhqq

Heard multiple random Joe’s say it here. Trust in many. Unless same person with multiple an anonymous accounts lol

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Post ID: @1hoo+1ngKOhqq

The random Joe over here is more trustworthy than my manager

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Post ID: @qtk+1ngKOhqq

That's the date that have been floating around here. Possible some random Joe just throw a random date. But the 5/24 date was accurate, so who knows.
If August RIF happens, I would consider finding another job. No one should put up with this type of work environment.

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Post ID: @tvm+1ngKOhqq

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