Anyone know how the impact was in China or Thailand?
So, you decide to work at home anyway
I can’t help but notice a majority who were let go haven’t been seen in their cube for weeks or even years in some cases. After we were all told to come to work 5 days a week unless remote is approved. Did you think they wouldn’t notice or did you... — read more
Seagate Springtown news
https://www.derrydaily.net/2023/05/23/court-to-hear-trade-unions-application-for-recognition-at-seagate/
Why all of this is happening
It was obvious then and it's even more obvious now - Seagate should have suspended their dividend 2 years ago when WDC dropped their dividend. This clearly was a strategic blunder. Seagate management has been managing the company as though there... — read more
Seagate Announces Offering of Senior Unsecured Notes
1 billion in notes being floated by Seagate to help pay the previous UnsecUred Notes. Kind of like Credit Card balance transfers but for your Business when you s$ck at money management.
Unionised STST
We're nearly there.Seagate Springtown management have twenty days to appeal the court decision. Will STST waste their time and money appealing the decision,or will they hold their hands up and admit defeat.HR and management will now have to abide by... — read more
Is Frosty out?!
Spreadsheet says so… anyone have the details?
NRM actions today
As per normal Slider and HGA took a huge hit of 40+ on a guess. Main targets this time were hourly and frontline salary positions. A few people from miscellaneous and support groups have also been effected. After this NRM has become even more... — read more
Done for the round? no official numbers?
Is there supposed to be a news release?
How can we know if we're safe?
If my team was affected already, does that mean the rest of us are safe? I know usually that would be true, but my manager is keeping his mouth shut and that worries me a little. It could also be that he genuinely doesn't know anything just yet, but... — read more
Hope this company ends in dust
The way ppl are treated..and removed at will. I hope this company bites the dust soon so that ppl don’t have to go through this in the future. Pls managers next time when you post something to hire don’t boast saying it’s a Grt company and pls tell... — read more
How was the layoff list decided?
Anyone know how the decision was made? From the upper management? In which level? Or based on performance?
I gots the deets…kinda
US teams are done except for managers. Asia will be done by US midnight. Every team is impacted by at least 1. The managers have their meetings this afternoon. Managers have been asked to be onsite for a United front. If you’re in a group meeting... — read more
North American Layoffs today at Seagate
I was laid off today. $200M in layoffs is what the package says. Good luck Seagaters.... Severance package was the same as October and March layoffs. Fairly generous if you have any time in. Minimum of 4 weeks.
Do they lay off in group meetings or individual?
Anyone know?
Is it really bad everywhere? reporting here?
What's your estimates at each site?
Is it actually today?
I see the list slowly growing but not a lot of chatter. We still think the bulk of layoff is today?
Computer stuck on login
I'm f_u_c_k_e_d aren't I? Should I go in office?
I see lots of Layoff boxes in the hallway when I came in early this morning in Fremont
I see lots of Layoff boxes in every corner of the hallway when I came in early this morning in Fremont. Axe starting soon.
It has started in NRM...
Good luck everyone
The dreaded 22 is here..
Let’s see what happens and how many go. The story already started with the sales and Marketing announcements … Interesting to see where things go from here … I am sure to retire tomorrow :)
Seagate Deteriorates From FAANG to mediocre
then From mediocre to the brink of chapter 11, in 30 years
Western Digital is going to buy Seagate
This company is so mismanaged...WG is going to buy us out and we will all lose our jobs
can anyone elaborate what "LCO decimation" means?
Any insight or estimate how hard LCO is going to be hit? percentage?
Life At Seagate, per Seagate
From their very own website: "Seagate is a global leader in data storage solutions for a reason: people. Creative. Collaborative. Passionate. That's the kind of employees we hire. Sounds like you? Check out our career opportunities." It's also the... — read more
What happens when being no worse than your competitor is your benchmark
https://www.comparably.com/competitors/seagate-technology-ceo-vs-western-digital-corporation-ceo
Govt will save Seagate
Seagate is valuable asset making important hard drives. Govt will save the company to avoid monopoly by WD. Nothing to worry.
I'll take a month off
If I'm laid off on Monday, I plan to take a full month off. I need to recharge my batteries before I can jump back into it all. Seagate has truly played a number on me in the last few months (and even years, when I think about it), and I need to not... — read more
you're kicking the wrong people
So many posts here hating on this location or that location or this group or that group- You're venting your anger on the wrong people. Everyone is just trying to make ends up meet. It's not random folks in LCO or business excellence or whatever... — read more
Monday
Why are people now mentioning Monday as the next day for layoffs? Where is that info coming from?
Seagate layoff continues till 2025
Found out seagate layoff will continue till 2025, building to be released, low demand, crunching manpower to its lowest, affected department to merge, affecting seagate around the world. The situation is very bad worse than 2018 economic downturn.
Are we safe tomorrow?
I'm going to assume there'll be no layoffs tomorrow since both Monday and Friday are usually not layoffs days. What I am wondering, though, is whether that means that the layoffs will continue next week? If that's true, I'm not looking forward to... — read more
LCO DECIMATED!
There is hallway chatter about 50% or more getting let go. Can any managers confirm?
HR Layoffs Happening Today
hearing word that lots of HR team members are getting laid off today.
At least 116 going in STST Derry
https://www.bbc.co.uk/news/uk-northern-ireland-65371598 More than 100 staff at Seagate Technology in Londonderry are to be made redundant, BBC News NI understands. Speculation had been mounting for weeks that there would be job losses at the... — read more
Can't get myself to show up at work anymore..
Work is so depressing and humiliating that I stopped going in. Actually I go in few hours a week and no one seems to care. I simply cannot be at work anymore. I cant get out of bed to go to work! They still pay me. My manager does not seem to care... — read more