https://www.westerndigital.com/company/newsroom/press-releases/2024/2024-01-25-western-digital-reports-fiscal-second-quarter-2024-financial-results
7 replies (most recent on top)
not a flash unique problem, HDD had solid visionaries leave over the years
It’s the same leadership. No one has left and even after layoff and layoffs, the only ones who remained were the senior directors and up. As long as Kh____am and his cronies keep running the show there will be layoffs.
Flash margin is close to zero. It is hard to say Flash is moving the right direction. According to the history of past decade, the peak revenue of WDC Flash is matching the HDD one. In other word, WDC can't scale up its Flash business with lower cost even in the best semiconductor season.
Flash is moving in the right direction. No update on split but DG says he address in the AHs.
DG's email is very optimistic. Sounds like WD has turned the corner
stock falls after hours, let's see where it goes
No layoffs in the future, and no new hires. I have VP and Executive level sources.