Here is the hard truth….I’ve been on the team. We are paid significant amounts of equity to retain us and to make progress. Unfortunately, we have to SHOW success. We are told that HAMR works, by our bosses, not the other way round. The truth is not... — read more 

Another 15% reduction planned for this quarter translates to 4500 people. Loaded cost of $150K per employee, Saves the company $675M annually. After paying a paltry one time severance they have $500M to pay as dividends. Keep making Value Act richer... — read more 

Those mega customers enjoyed many years of low cost HDDs. This put HDD industry in a dying trend. Need to rise the price by 50% and get cloud and OEMs to pay, to reverse the death spiral.

At $0.70 per share and 206.48 M outstanding shares, see who is getting rich as long-serving employees are getting screwed. What do you say in defense of that Dave Mosley ?

Everyone I'm working with is drowning in work right now. It's getting pretty worrying because we simply can't keep up this pace without risking burnout. This year is already tight as it is, and we can't afford to drop the ball, but I'm not sure how... — read more 

They want you to leave and they are trying to accelerate attrition as fast as they can.

Looks like our main costumers are not doing good & will get rid of workers anyway they like.. This will make things even harder for Seagate / all the ships are sinking... ... — read more 

If that what our customers are up to then heaven help us.

If the decision is made once again to lay off more senior staff members, the consequences will be dire for the company. It will find itself in deep, deep trouble trying to complete the existing projects in the pipeline with nobody who knows how to do... — read more 

Wait & watch

June 2023 time frame. HAMR or bust.

Shame on you

It’s happening

Seagate management will just keep cutting people until they hit their income target. It's messed up, but that's what's happening. It seems they don't even care about your worth or if you're working on something important. This company's got some... — read more 

This week.

Dave is so d-mb that if you gave him a penny for his thoughts, he would give it to the shareholders. Your turn.

Can someone enlightened me?

It’s not about the technology, it’s about profitability. The laser costs more than the HDD.

Our mission is self-serving, and we will always sacrifice our people to achieve that. That’s what she meant, just like the military does.

401k match? Base salary? Raises this year?

IT is pushing so hard for "security" they are ruining peoples abilities to get work done efficiently. Basically forcing labs to conform to IT standards that don't suit lab work. Hugh amounts of restrictions, lies and misinformation. All so they can... — read more 

Announcement coming soon. Major shakeup underway.

Upper management: Shave off 10% of all budgets not staffing. Out with the old and expensive Oh and by the way, we’re not gonna tell the managers if that includes themselves. May the odds be ever in your favor

This week layoff starts , another layoff June, manpower crunch. Seagate world employement to decrease by 15% worldwide.

Changes to be made immediately: Workforce reduction globally by 1% or 480 impacted employees, nearly all impacted employees have been given their notice/package. No comment on the contents of the package. Restructuring of Lyve and reduction in... — read more 

U have better opportunities waiting for u .

In October 2021, a report by U.S. Senate Republicans claimed that Seagate violated Export Administration Regulations by selling parts and components to Huawei following U.S. sanctions against the Chinese telecommunications company. The company... — read more 

To maintain competitiveness & profitable, you know I know what will happen will happen

Longmont RIFS have begun. Spending in all groups is halted for the immediate future as are any type of communications within the company until they have all been completed. It’s unknown who or what groups. Anyone have news?

Anyone got info? What are they up to now

There is a light at the end of the tunnel

I’m not being sarcastic. From what I understand he has never built anything. Is not an execution person, is not financially astute, doesn’t have any real values, has poor taste in people. Can we list out his real achievements over the years ? — read more 

It's like Seagate wants to have its cake and eat it too. Whenever they need something from us, suddenly we're "family." But the minute we ask for anything, no matter how small, it's all "just business" to them. It's frustrating because it feels like... — read more 

There are rumblings that Singapore will be the first impacted by lay offs next week. Additionally I think IT will see a significant impact. And the message to the rank and file is that Hammr is our ONLY path forward, so if that is the case what... — read more 

We should post weekly updates here (from FlightRadar.com)

As you know, we locked in the same Dividend for payout on April 5th. Rough calculations is $12B market cap at $60 a share and $.70 per share dividend = $140M extra cash we do not have for anything else. Feel free to correct me poor math... Many... — read more 

Heard rumors kicking off soon, anyone from backend or frontend got any update?

https://www.derrynow.com/news/home/1059483/union-on-verge-of-seagate-recognition.html