My fellow gaters, dudes, it’s been real good to have met so many talented people, really enjoyed working here during the last decade, wish you the best if we get cut in the next wave!
D - day latest
News hot out of EU region. 5% cut in workforce. List finalized, 22 May start of action - will last till May 24. Lyve gets the boot - minimal staff on rolls for 2 quarters. LCO STST SSDC Pune brace for max impact.
Jan/May 22 Hour Equivalence Formula
With the rumor (basically news) that employees that survive the layoffs will now be required to commute to the office 5 days/week, here is a ‘fun’ little formula to see what your current equivalent hours in a week would be related to January (full... — read more
Seagate will die at conclusion of Huawei fine payments.
https://blocksandfiles.com/2023/05/09/pure-no-more-hard-drives-2028/ All of the 2030 moonshot goals are bogus if Seagate is dead by then.
Post Office & STST Junk mail 😡
Springtown know how to save money, yeah you post out your Junk mail bullsh-t to our houses , well you have just PI---D OFF more people. NOT ON / Dirty Tactics 😡
D-Day finalized? Another Horrible Week in Waiting
It's definitely not a smart move to keep all employees in "WORRYING" state for this long. It is 1 month plus from Wuxi asked for volunteers. All kinds of messages flooded in this forum. Everyday I wait till 10am before starting any real work in... — read more
Dividends, BoD and CxO
Board threatened to oust the executive leadership if dividend was cut. Therefore, Layoffs and pay cuts to fund dividends, and allow these narcissistic nincompoops to continue their ugly dance at the top. All the talk about caring for employees is... — read more
Executive Focus
Taking a look at the news scroll on the Myseagate webpage tells you everything you need to know. We have way too many VP’s pushing parasitic agendas. You can’t swing a dead cat at NRM without hitting 2 or 3 VP’s. Better to get it now while Seagate... — read more
Don't fall for it
One of the main problems with Seagate and many other companies is this twisted idea that overworking is the key to success. We are supposed to sacrifice our health, our relationships, and even our sanity just to prove our worth to some faceless... — read more
Wish the last honest people standing, well!
Hey truly peeps - even if we get laid off, we should wish the rest well. If some were nasty, nepo****s as they selected our names, let karma catch up with them individually. Why wish bad for a company that will continue to employ other honest, hard... — read more
Quarter 3 we are rebounding
No more layoff. Good job guys
Seagate Springtown bonus/profit share minus 30%
When it was bonus/profit share time at STST, 30% from our profit share was taken from us to be held back until the next profit share.Was this a corporate idea and did it happen to Seagate employees worldwide or just at STST? We never knew if it was... — read more
176 VPs....
176 VPs..... Wish I was joking
So you is deleting some of the threads ??
Some threads have mysteriously disappeared on here ? Whatever happened to free speech
Big Changes for STST
Springtown's future after these layoffs will be a smaller capacity factory producing Lazers..
Just get it over with already!
What is the rational of dragging these layoffs out so long. They must know that productivity is down, morale is down, and everyone is just waiting for the ax to swing. The waiting feels worse than the actual RIF.
40% of Sales and Marketing to be Laid Off
Do we have any numbers on the total percent of the company being laid off?
Lyve is dead, HAMR is charred.
Fresh news is that Lyve is dead. Save a few techsups all will be axed. Israel closure. HAMR is too late to save this wretched company. Demand picks up CY24 by then Heavy D will send 20k folks home.
Make sure you're prepared
Since we are always expecting layoffs, here are a few things you can do to better prepare in case you find yourself affected. Most importantly, make sure your resume and LinkedIn profile are up-to-date. You never know when a new opportunity might... — read more
Upper management will be just fine
Are you telling me that the so-called team leads and upper management folks at Seagate have the technical chops to withstand these cuts? I highly doubt it. It's not like having technical proficiency is going to magically keep them safe from the... — read more
Product Roadmap
Seagate lost sight of a good product roadmap 3-4 years back. When times are good - it didn’t matter all that much, but when the tide recedes - gaps show up. HAMR has been a disaster with Heavy D and Beardy J putting so much of the company focus... — read more
Lyve is dead.
Reliable sources saying Lyve is dead. Getting my layoff cardboard box ready.
Hearing Probation employees in stst
Hearing anyone under the year is getting let go?
D-day...
List finalized we hear. Announcement likely this Friday. So long friends and thanks for all the fish !
Please, lay me off!
I will thank you.
Don't be naive and think you're safe
Your job is at risk of being outsourced by Seagate if they can find someone willing to do it for less. In 99 percent of the cases, they can. Your value to the company is solely determined by your cost, and if they can find a cheaper alternative, you... — read more
Come on! HAMR will rescue management!
Management high hope HAMR will rescue their “iron rice bowl”. Western Digital must be laughing loud now. It’s not about capacity, it’s about competency of CEO
Is there a chance we lose severance?
I don't care if I'm laid off as long as I receive severance. But I've heard that other companies are either halving their severance or not giving it at all. Can that happen at Seagate as well, considering that there is no legal obligation to provide... — read more
Seagate next layoff May and July
Coming soon, due to US and China sanction issue, Seagate only have minimal order for the next 5 years, company is going negative soon, even HAMr wont help. Seagate company on the move of closure.
New Fab Normandale
How is the new fab coming on in Normandale? Is it true the tools from Springtown are being shipped over one by one? Plenty of gaps in there atm, and the promise of new tools that they seem to be in no hurry to install. Not a great vibe about... — read more
Silver lining if you end up looking for a new job in MN
If you do get laid off in MN, this article includes companies that are desperate for workers. Wishing everyone a happy weekend. https://m.startribune.com/perfect-storm-in-minnesota-labor-market-is-worrying-harbinger-for-the-fed/600272890/
No transparency
So, here's the main issue: the company keeps everything hush-hush, and that's causing problems. Management doesn't trust the workers and doesn't tell us what's going on. That's the real issue that nobody's talking about. The company's culture is what... — read more
If you are aid off in US/Minnesota, read this!!!
Make sure you ask unemployment office to be enrolled in dislocated worker program. Lots of people not notified or notified late after previous layoffs. This program pays up to 3 yrs of unemployment if enrolled in training/degree programs. Pays for... — read more
Seagate A-Team in lockdown working on last minute plan
Rest assured fellow Gaters that some of our Crackshot executives are working day and night to get out of this financial sticky wicket. They are currently sequestered in a spartan farmhouse outside of a small village in Mexico. After jetting up to... — read more
D day
Postponed to a later date!
Seagate is seeking an Executive Compensation and Equity Analyst in LCO
How many do we need FFS
Business Finance Question
Hello people who have a better grasp of corporate financial issues than myself. With 1B in debt needed to be refinanced in the next 11 months is there a risk of bankruptcy? It looks like Heavy D is counting on the macroeconomic conditions to head... — read more
New absence policy coming for stst
MS getting hit hard this time in STST. If you have poor attendance at work. Check your % if it's high get to the job market compulsory lay offs coming out way. Policy to be changed after this also. Been told won't matter if Ur off as well. The... — read more