Thread regarding Western Digital Corp. layoffs

What will happen in the next 3 months?

What will happen in the next 3 months?

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| 2541 views | | 16 replies (last September 18, 2023) | Reply
Post ID: @OP+1oBjSjKY

16 replies (most recent on top)

strategic review will reach its conclusion

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Post ID: @4sdu+1oBjSjKY

Source of transcript
https://seekingalpha.com/article/4632465-western-digital-corporation-wdc-deutsche-bank-2023-technology-conference-transcript

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Post ID: @2fhs+1oBjSjKY

@2oxv+1oBjSjKY where is this transcript from? And what is this convert that needs to be refinanced? Not sure what this conversation is about.

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Post ID: @2fgo+1oBjSjKY

Sidney Ho

Okay. So it’s probably realistic to think that something is going to happen before the convert is refinanced?

David Goeckeler

Yes, that's not the driving factor in any sense of the imagination, but it's one of the things we think about, we want to be able to do that in the public markets, it's something that's top of mind for us. So the strategic review is very active, driving forward, like I said, kind of entering the home stretch phase as we continue the analysis.

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Post ID: @2oxv+1oBjSjKY

Thanks D G

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Post ID: @2wdm+1oBjSjKY

One way or another the so called strategic initiative comes to an end.

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Post ID: @2exr+1oBjSjKY

babies are born, some fall in love, some pass away,
most just get older and not much changes in the empty office.
Areal density same as today. No HAMR at least at WD.
Solve one problem by creating two new problems for others.

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Post ID: @1kwl+1oBjSjKY

The national debt will continue to go up. Inflation will continue to compound. The US may be fighting multiple war fronts or at the least funding them.

Oh... you meant WD? Revenue will continue to shrink. SanDisk will keep making cr-p. Executive will double down on bad strategies due their ignorance of the industry while collecting fat checks. Samsung and Micron will take more market share. Kyoxia will continue to laugh. WD will run out of sites to liquidate in a desperate attempt to pull up that bottom line for the next quarter. Sanctions will continue to strain relations. HR will continue to preach DEI. WD stock will probably get downgraded due to the high ratio of liabilities. WD managers will continue to be ignorant of their process and protect family and friends, and you may be placed in front of the firing squad before xmas.

Just off the top of my head.

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Post ID: @1wio+1oBjSjKY

who cares

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Post ID: @1fqw+1oBjSjKY

@ekz+1oBjSjKY Bharat, not India

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Post ID: @bai+1oBjSjKY

November is the next big one

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Post ID: @lmm+1oBjSjKY

More layoffs but small and frequent

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Post ID: @wjz+1oBjSjKY

Cricket World Cup is going to start in India!!

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Post ID: @ekz+1oBjSjKY

we get older

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Post ID: @suv+1oBjSjKY

I am going to get a barbecue grill for my front porch!

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Post ID: @jcr+1oBjSjKY

Go with a fortune teller and figure

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Post ID: @yjx+1oBjSjKY

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