Here we go....Second law suit. There will be many more...These guys are finished. The D-mb PhD CEO, criminal CFO, nepotistic CHRO, and the racist-prejudiced GC should be running for their lives.

Everyone is focused on the $300M Huawei BIS settlement and missing the bigger and more immediate cash crisis. The BIS settlement is $15M per quarter for 5 years. The real reason Seagate is in a cash crunch and trying to sell anything they can find a... — read more 

Investigation of Seagate Technology Holdings plc (STX) Announced by Holzer & Holzer, LLC https://www.globenewswire.com/news-release/2023/04/21/2652165/0/en/Investigation-of-Seagate-Technology-Holdings-plc-STX-Announced-by-Holzer-Holzer-LLC.html

What does it say about our willingness to listen to feedback? I believe we are hoping that 6 months later, if we give back the docked pay and throw some RSUs around, the people will move on. That maybe the best time to bring back the micro survey... — read more 

Any guesses to which one of the Seagate Fat Cats went down to Austin TX for the weekend to catch concert maybe?

Apparently meeting today. Some joined by teams. Of course WhatsApp pinging. Not good.

https://www.wsj.com/articles/seagate-to-pay-300-million-for-violating-export-restrictions-on-chinas-huawei-9fbdc1a In-depth and clear indictment of the top two guys. This is grounds for dismissal with the possibility of time being served. Lets be... — read more 

This mockumentary-style series follows the fictionalized version of Seagate's upper management team as they navigate their way through the U.S. Bureau of Industry and Security's investigation and subsequent $300 million fine for violating U.S. export... — read more 

Pay cut has been announced. Only the Staff Engineer & Management Above will be affected. How about the coming RIF? How many people will be affected? Likewise also Staff Engineer & Management above?

Any word on what the US severance package will be for the up coming layoffs? With the 10% pay cut a reduction in the severance package seems likely.

Next RSU vest in sept, is there any way to persuade the company to grant them or need to forfiet if listed for RIF in May ?

The new version of training should include testimonials from our senior executives discussing Huawei. Can the new training be made available on Netflix?

When is exercise date?

https://www.youtube.com/watch?v=mC4VflOayBw

Well Kids I don’t know about you but I’m personally going to call this postponed if not totally cancelled going forward. One thing warms my heart, the faceless boot-l*cker that came up with this pointless waist of time shall receive NO BONUS! It’s... — read more 

In a small casual meeting with Chris Woldemar an employee asked about the ethics of selling to China while knowing that it is an oppressive authoritarian government. Chris expressed some discomfort but then he explained that ethics are outweighed by... — read more 

Apparently the legal department is close to non-exist or the company was advised by the legal department wrongly. Who is the crulpit? With a 15M cash penalty per quarter, it won't be any bonus in near future, especially in current environment of... — read more 

Wow, this is worse than I thought. The Huawei cronies stay, so he decides to walk. Good for him. We should all leave this sh-t hole. And full $.70 dividend for next qtr? Are efffing kidding me?

Quarterly results are released. The plan "...is expected to result in total pre-tax charges of approximately $150 million. The charges are expected to be primarily cash-based and consist of employee severance..." This is approximately 2x the size of... — read more 

I'm tired of working here. I'm tired of all the politics and red tape. I'm tired of being stuck in the middle of a big team and not getting anything done because we're so inefficient. I'm tired of not having any control over my career or any... — read more 

Question Oct 2020 earnings call: First question relates to Huawei. I just want to confirm that — can you talk about whether you are continuing to ship to Huawei and what is included in your December quarter guidance? It looks like your competitor may... — read more 

Massive layoff being announced tomorrow, significantly more than the November RIF. The writing is on the wall. They plan to decrease the footprint in FRC then in LCO. Then both will eventually close. R&D will move offshore and manufacturing to MN... — read more 

Where will Seagate get the money? 300 Million USD fine for selling HDs to China. https://money.usnews.com/investing/news/articles/2023-04-19/exclusive-seagate-settles-with-u-s-for-shipping-1-1-billion-of-hard-drives-to-huawei

The longer you wait, the fewer jobs will be available. Not to mention, if you wait to be laid off, you'll have to compete with your former coworkers for the few available open positions. My opinion is that every one of us should take our fate into... — read more 

Asking for a friend...

That's what a coworker claims. It can't be true can it?

What is happening?? Is Joan out??

Motsinger is gone. Only 2 groups have been told they’re safe at this time. They’re redirecting groups to finance. It was done Thursday but notified Monday. People are in a panic. Been told a new pres is coming….it was cost savings.

If it is in May, which day has the highest probability?

https://www.straitstimes.com/best-employers-singapore-2023

Anyone know more about this? Many interns got emails today telling them their start dates are pushed out a week from May 22 to May 30. Reason isn't given. PITA given travel plans already made, rents in Fremont area on leases already signe, etc. Of... — read more 

https://techcrunch.com/2023/04/13/hackers-claim-vast-access-to-western-digital-systems/

Springtown have been shutting down over holiday times to save money.. This is not working only costing Seagate more money.. D-mbasses running this Plant.. 😁

Legacy

Due to extreme low demand with US and China issue , layoff exercise about 30% will be conducted every month till October. Take your time to survey and pursue other jobs. Wish good health and well being.

I asking because I only have the ability to think of do thing that get fire instead of get VSS ? To save Seagate from economy downturn, I would like to self volunteer from VSS, any one got any idea ?

Weren't there rumors about layoffs this week? Is that still happening?

I am not counting everyone..there are some good ones Everyone I have encountered are mean, rude, arrogant Not sure how knowledgeable these people are