Am I the only one who not aware that Seagate is practicing 4 working days? Especially from staff engineer level and above are not working on Friday, don’t even bother to come in. Is it apply to all employees?

The South Korean electronics giant has announced plans to commence mass production of its newest 290-layer ninth-generation vertical (V9) NAND chips, aimed at AI and cloud devices as well as large-scale enterprise servers. The Korea Economic Daily... — read more 

With the recent merger of the VLSI division and Broadcom -- Broadcom will not recognize the seniority of the engineers. It's like a firing (not layoff) and rehiring in Broadcom What that means is . The engineers with 20-25 years in Seagate who were... — read more 

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Has the next layoff been scheduled yet? With the economic outlook looking bleak I figured Seagate would be early with them.

"NO FREE FRIDAYs" policy. Inflation is over 10% since last raises. Work less to compensate the company for that direct pay reduction. When they do reinstate raises I can assure you this gap will not be closed. I expect they will be 4%. 3% would sound... — read more 

See our unelected reps lauding it up on your union dues. Money well spent ? Its gone very quiet since the recognition announcement. Wheres all the actions they promised ? Starting to drag on now.

I am expecting an Engineering Director offer. What is that grade and what is core team leader, I keep hearing people bragging about core team leader Any help

What it means for you: You can work for Seagate for 25 years. Once you leave Seagate for any reason laid off, fired, found another job you are out of luck if you become permanently disabled. Social Security will not consider the income you earned at... — read more 

Hopefully the impact is minimal or none at all. https://www.reuters.com/technology/cybersecurity/japanese-lens-maker-hoya-halts-production-after-cyberattack-2024-04-04/

Many people work from home NRM. Many don't bother work Friday. Leaving work for anyone that bothers to come in. The other days aren't much better for the people to that come in. Management doesn't care

How true is it…bcoz FAANG are doing it

Amazing how there was no mention of a layoff from any of the people who pretend to be in-the-know

On his last weekends show, John Oliver had an excellent analysis on Boeing and how it went from the company that everyone envied and a pride of our nation to a company now producing cheap and sketchy products with half-baked product planning. The... — read more 

…so many total a$$ whole s? Serious question. I’m friends with many in other companies without this problem.

Anyone heard about it?

https://www.storagenewsletter.com/2024/02/23/seagate-confirm-300-jobs-gone-at-derry-plant/

https://money.usnews.com/investing/news/articles/2024-02-16/sony-to-partner-with-seagate-on-hard-disk-drives-used-for-ai-nikkei

Yes..!!!

Last week’s all managers meeting exemplified the poor leadership by this trashy woman.

No doubt it is

https://www.theregister.com/2024/02/01/seagate_northern_ireland_unionised/

Going down like a lead balloon in management offices. Derry Seagate workers vote 'overwhelmingly for trade union recognition' Seagate management must now engage with union reps and negotiate voluntary recognition... — read more 

The step increase in cost of making higher capacity drives while selling for lower price is what will ki-l this company.

What I heard is the pay cut has been fully restored. But some locations need to wait until it is announced in Feb or March. For those got pay cut, they get about 4 days leave as a token of compensation. It is not enough to cover the loss. All... — read more 

30TB launch for the save!!!!

I recently saw someone get promoted here in the states. Are promotions back on worldwide or was this a one off?

Can't make this cr-p up 🤣🤣 😂😂

Leaving aside all the bluster, was the Huawei situation the result of a national security crime by the CEO ?

The total inflation is estimated to be around 3.2% by main stream economists. How about you, seagaters?

Both get more than half a billion USD. Good for Micron. That's where the AI money goes. Not into spinning rust... https://www.digitimes.com/news/a20231227PD212/nvidia-sk-hynix-micron-hbm-supply.html

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001137789/29f95bb8-513a-46c1-bb8f-8e1682af6ed9.pdf

This is a generic discussion thread to capture comments about potential Seagate Technology layoffs? Any chatter, news or rumors?

Seagate Technology has a total debt of $5.67 billion, 52x its EBITDA of $110.0 million, a return on assets of -9.39% and an Altman Z-Score of 0.25. You wouldn’t know that its financials were less than stellar, given its stock is up nearly 63% year... — read more 

Dave, BS & CFO all have sold millions worth of their shares this month. Saw the public notifications when I looked up my stock accounts. Dave = ~$17M (what the heck?!), BS = $1-2M & CFO = $4-5M. What’s going on?

Anyone got an update on our VP numbers after all the layoffs? I believe we were around 80 before Covid.

Better join the company that developed it as this will wipe out current data storage technologies.