Thread regarding Western Digital Corp. layoffs

hundreds of millions for what?

was it ever going up?

@epns+1pRuF1RN you're actually mid/upper for director.

@dsit+1pRuF1RN, no I haven't gotten STI recently just like others. Got them in the past. Recently just LTI. I guess my point is that for director level, the total comp target is about $360k, and I'm sure I'm at the lower end.

@dawh+1pRuF1RN You get STI? I thought they stopped paying that. You can’t actually say you’re making $ if you’re not. Are they only paying STI to some people?

@dfug+1pRuF1RN, you're right. I'm not a director because I'm an IC. I said "director level".

@dpiy+1pRuF1RN says a non-director

Lol bunch of you are just jealous. $240k base + 30% STI + 30% LTI for a director level position do the math.

@bcvx+1pRuF1RN $360K sure 😆😆😆

Dude makes $360k a year and uses double negatives? Sounds like one of the folks that came over from C****o.

Our stock has finally hit $50

@cnbh+1pRuF1RN yeah but I don't work for Google nor Apple, so don't matter how much they give out. Unlike most people here, I'm keeping things real instead of keep complaining and ranting.

@bcvx+1pRuF1RN
Treasure Chest? Are you thick?
Google L4 and Apple ICT3 get more RSUs than that

@bbac+1pRuF1RN, you are probably right. I started a couple years ago because I didn't have nowhere to go. But it's okay though because my total comp is $360k a year. They also just refilled my treasure chest with almost $94k RSU a few months back.

Fire Riz

@azpb+1pRuF1RN
Anyone evaluating employment in WD is already not in great shape career wise. They won't come on this website to understand the work environment. Beggars can't be choosers

Here's another way to look at it - first, take this website for what it is. Non-employees, lurkers, trolls, you name it. It could all be BS, or that's what you might want to believe if you're a WDC executive reading about how little employees think of you.

But - all the internal "anonymous" surveys like Pulse will never reveal true criticism because your boss can easily figure out who you are. You think that Goeckler as the most hated CEO would have been exposed if the TeamBlind survey weren't anonmous?

https://blocksandfiles.com/2023/10/09/western-digital-most-disliked-ceo/

Those were verified WDC email addresses at least. The anonymity of this forum is exactly why there are grains of truth here that will never get exposed except in 1-1 whispers.

I consider this site as a warning to people evaluating WD employment. Poor executive performance (stock value loss, revinue loss, profit tanking, headcount, etc.) was and is way out of line with executive compensation.

Blame the board, executives, compensation team, or whomever. Truth should be told.

@9lqn+1pRuF1RN, it's true that this is a layoff forum, but continuous ranting and venting is not productive. Better content would be shading resources on opportunities and info on resources like unemployment benefits etc.
Getting laid off su-ks, but dwelling in it won't help.

@8mkj+1pRuF1RN - it's a job layoff site. Duh. You're not getting happy, inspired people coming here to talk about puppies and unicorns fa----g rainbows.

: @8mkj+1pRuF1RN and who’s fault is that?

seems like each week, there a new mob of employee trying to undermine executive team. we no success business when act like this

@6ptr+1pRuF1RN our attitudes within flash and spinning rust jokes was an us / them from the onset and it lead, in part, to how we’re got here

@5mrr+1pRuF1RN unfortunate those higher salaries had to be subsidized

Would WDs paid HR posters create HDD vs SSD thread to take heat off of executives? Good luck to everyone post split.

There is a reason why HDD engineers are paid less in WD compared to Flash engineers

@2hnx+1pRuF1RN

~60% of company profit with ~80% headcount is nothing to be proud of. HDD division is far more inefficient than SSD

let’s see how flash does on its own with no HDD to cover for it

@2hnx+1pRuF1RN

It is true the previous management tried to hide the fact that HDD was more profit than SSD. They neglected HDD investment and gave the HDD market share to STX in order to hide their failure on SNDK acquisition.

My biggest issue was the funneling of money, mostly enterprise HDD to float SSD business. There were times when HDD was ~60% of company profit. Even though SSD brought in more revenue, it had huge expenses. HDD was neglected trying to triage SSD then HDD fell behind from lack of investment.

So you just noticed all those issues? WD been cr-ppy for years

Nah. We'll be okay. Those who always rant don't know anything about this business. Regardless what you think about the leadership, storage will always be needed. Yeah unfortunately there will always be cost cutting, but with business picking up, there will be less.

@2ryw+1pRuF1RN It’s easy to point at current leadership with their share of culpability, but one cannot excuse the hubris of former leadership who promised nearly $1B in synergies which led to fateful roadmap, JV, and technologies This all happened before the clean up crew was brought in

It's a little unfair to say SanDisk was a lemon. Some things they are good at. Others they are not. Leadership is about knowing the difference, and either getting out of businesses that you cannot reform, or fixing them. Rob and DG did neither, and so you have what you have. It's a good thing that HDD and SSD now have to stand on their own, but it didn't have to be that way if we brought the right leadership in. Elliott and Apollo wouldn't have been necessary if DG had done his job despite what he'll tell you. When he was brought in, it was to make the most of the merger not to undo it.

Yea, SanDisk was a lemon from the beginning. Always had quality problems. The people responsible for the acquisition are so out of touch with technology. When management loses the technical experience and backfills their ranks with MBA's sh-t goes down hill everytime.

It’s not going down. It already went down. This company can’t pay its debt and keep the same operational costs without laying off a significant number of people. Time to hold those executives accountable, why are the FBU enterprise execs still running the show? Think about their responsibilities:

1. Establish a roadmap that gives the company a competitive advantage over our competitors.

• Failed miserably (multiple times)

2. Execute the roadmap on schedule delivering high quality storage devices to OEMs

• Failed miserably (multiple times). They cancelled at least 5 programs in a row.

3. Establish a healthy employee culture in which people trust their leaders

• Failed miserably (Ask any random engineer if they trust their Director or VP)

4. Promote innovation and create opportunities for employees to engage in fun and engaging work

• Failed miserably (Can’t even ship anything)

5. Retain high skilled employees to ensure innovation and delivery of future roadmap commitments

• Failed miserably ( look at the attrition numbers and the reason why people are leaving) number one reason people have left (don’t the leadership team)

Should I keep going?

Who is doing their quarterly check-ins? What kind of conversations are they having? are they even being rated like the rest of us? If it were by this list they all should have been replaced long ago, but they haven’t. RIF after RIF and they are still all here (from H__k to Kh___m)…. Get out of here all of you… face it, none of you can lead, you might try something else since it’s a fact that none you can’t lead for sh_t….this is a Motorola waiting to happen.

employees aren’t the problem

This is what happens when you let all of the good people go. Steve didn’t think they needed to be innovation leaders and most went over to Micron at the time. Heard it from the sixth ever hire at SD….

I just like to post here for the fake news.

Never catch up with Intel? What are you smoking?