Seagate is the perfect example of how good companies go bad and then die in a single generation with one bad leader, the blame solely rests on the board.
Next Divvy?
I wonder if capital D is planning to mess with the next dividend, so he sold off all that stock to be insulated from the ramifications...
Reward excellence
Seagate's current approach has been to do a pay cut regardless of performance, based on level (effecting higher level employees), in the hopes that a smaller layoff could result. I think it's time Seagate change strategy and cut low performers and... — read more
Manager informed me my salary cut has been made permanent...anyone else?
In my 1:1 this morning I asked when I can expect my salary to return to what it was before the pay cut. They told me the cut has been made permanent but I can expect a 5% raise in 1 year...which still puts me below what I was making a year ago. Going... — read more
We used to nurture a culture of collaboration
How did we get to the point where it's every man/woman for him/herself?
HAMR is coming out in good progress!
CEO & CTO said this. Hope Seagate will recover from this down trend soon
Sc--w SSDC
No one comes to work anymore. People speeding in the carpark, cars and bikes driving against traffic direction. Toilet no soap, toilet paper breaks smearing your finger with sh-t, and sh--s goes all around.
New FW VP Changes
Lots of changes seen in fw org recent times.... . attrition increasing as well. What do people think?
Was there another layoff between 9/10 & 9/17
Seems like there was a small layoff of the remnants of the ssd group in lco and tco Is that true or a false rumor?
LCO core team leader says 50TB HDDs are coming soon!!
LCO's core team leader informed me that 50TB hdds are coming soon and will fly off the shelves. MSFT and Google already lining up to buy. He said this will turn things around for Seagate.
Cheaper is not better
Can somebody please explain to Seagate leadership that cheaper DOES NOT equal better? That it's exactly the opposite? They will completely ruin a once great company by focusing solely on cost cuts instead of focusing on finding ways to create a... — read more
Can Employees fire the CEO ?
Why not ? Everyone works for the betterment of the organization and the investors. If the majority of employees deem a CEO to be incompetent, lazy and unfit, they should be able to fire the CEO. Let’s act, let’s own the destiny and get rid of the... — read more
Seagate doesn’t care about you
If you think that it does just because you have been here for a while, you need to wake up. Even if you're close to retirement, you're not safe. On the contrary. Every single person should be looking for a new job. I'm not trying to scare anybody... — read more
number of employees
WDC 2023 53,000 2022 65,000 2012 103,111 https://www.macrotrends.net/stocks/charts/WDC/western-digital/number-of-employees Seagate 2023 33,400 2022 40,000 .. — read more
Dave Mosley: "joining a trade union was the best thing I ever done."
This is a direct quote from our CEO who visited Springtown yesterday. Ge was meeting with various levels of employees which actually included the lowly Manufacturing Specialists. This statement is in direct contradiction to the behaviour and attitude... — read more
The General is making her list and she's checking it twice
November 13th is the big day. Good luck to all.
Work Ethic
What do you say to a CEO who quietly slinks always at 2:00 pm every day from the side door while the revenue shrinks from $11B to $5B ?
SG Retrenchment
14 & 15 Sep Starting now Anyone affected?
New job posting in Spring Town "EMEA Employment Law Counsel"
"At Seagate we are committed to building a diverse, inclusive and authentic workplace."
Thank you Steve, Bill and Dave!
Went through my young, prime and down times with these three great CEOs!!! Received my RIF package today on Sept 13th 2023. I would like to Thank you Seagate, wish you a long term success with multiple break through in term of new technology and... — read more
NRM Loss of Talent Continues
3 senior engineers, 1 senior manager, and one Director have given notice to Seagate in the last week. None of these people are from Wafer so the weekly number is probably higher. Cue the management apologist, “these are historically normal... — read more
when will WEES upper management understand
the reason why everyone is quitting is because they hate management, not their jobs.
Damn.... Borrowing into the future again
https://finance.yahoo.com/news/seagate-announces-offering-exchangeable-senior-223900761.html The Company intends to use the net proceeds from the offering of the Notes to repay existing indebtedness, including portions of the Company’s outstanding... — read more
Big D just sold $21mil in STX stock
$0 Salary! What a guy, so courageous!
Longmont engineers are the backbone of this company
LCO is very much so under appreciated at Seagate.
Can you negotiate your severance?
I don't care if this is a stupid question since it doesn't cost me anything to ask. Is it possible to negotiate your severance? Can you wait a day and maybe hire a lawyer to try and get you a better deal before signing? Has anybody even tried or does... — read more
New 52-week high
Clearly not paying suppliers and mass layoffs are working. This stock is going to the moon.
Seagate should be nothing but a pit stop on your way to success
Seagate has become like the place where you pick up your paycheck for doing just the basic, or if we're being honest, sometimes even less than basic work. It has become common knowledge that this isn't a place where you can grow your career, so... — read more
Kodak Moment !
Smile and take a pic ….will be a LASTing MEMORY ! Tsk tsk
TD Synnex stuffed with STX cloud parts
That inventory is still there…
Core Team leader in hierarchy ladder
Where does core team fit in management ladder. Is it next to CEO? The way some people brag about in Longmont..they say as if they r next in-line to be CEO Can someone clarify?
November 13, 2023
Next RIF D-Day has been set.
Big Tech salaries revealed: This is what developers, engineers, and product managers make at Google, Apple, Meta, and Amazon
https://www.businessinsider.com/big-tech-salaries-what-you-make-google-apple-amazon-meta-ibm
Springtown management at it again
Message doing the rounds tonight 🤬🤬🤬 ❗️IMPORTANT ❗️ Guys we have just received a report that the Shift Manager on D Shift tonight has been calling out Operators who are staying and asking them to sign a form which asks them if they want a Union or... — read more
Is this true?
Pay to be restored in October Im told. Any chance this is true?
OKR?
What is wrong with HR that they can’t find a workable Personnel Rating? This latest one looks like the biggest piece of s#@t to date. In fact it’s a recycled management tool from the 1970’s or older. Does HR ever make anything better or do they... — read more
Employees are the ones who make or break the company
How the company treats its employees will determine the fate of the company. Making sure employees feel like they matter can make a huge difference in productivity and results. Seagate not caring about employees and how we're feeling will only serve... — read more
Redundancies
I have heard a few rumors this past week. The ones getting the package have to work in Fab 1 while the people staying are moved to Fab 2 until they leave. The fountains in the gowning areas are being turned off. Staff will now have to go half's on... — read more