Seagate Technology Inc. Layoffs

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Topics regarding layoffs at Seagate Technology Inc.

1. Hiring a new CEO

GoPro founder and CEO Nick Woodman can't be ousted, since he's the top shareholder and still owns about a third of the company's shares. But under Woodman's leadership, GoPro leapt into new markets -- like media content, VR, and drones -- without... read more
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464 views | 2 replies (last )

Shakopee: Layoffs Continue

SHK had another round of layoffs this week, primarily focused on engineering and some significant upper management. This was a smaller layoff, similar to the Christmas Layoff - about 15 people. There is no end in sight to the trickle of random... read more
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1190 views | 7 replies (last )

Happy Holidays

Let’s continue the subject after the new year. Remember HDD is like stamp, it’s glorious days have passed and it won’t extinct like pony express or floppy drives. I would say DVD and blue ray, but I think they will go away in 10 years.
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1179 views | 5 replies (last )

New hires, travel, and focal increases on the rise!

Can only mean one thing: The same upward trend we are seeing in the business market is impacting Seagate in a postive way. Got a kid on the way and now me and the wifey are thinking of looking for a house in the suburbs. I'm so happy that I want to... read more
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1838 views | 10 replies (last )

Lower management is as bad

In my division, all management is bad. Ask employees work hard and be innovative. They will try to hire their friends and let go the people speaking the loudest.
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936 views | 4 replies (last )

Like Watching Rome Fall

One only has to read a sad review like this one to crystallize your purpose: / After reading this, there are three options: 1) Do nothing different. Watch all your... read more
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2189 views | 26 replies (last )

DInner & Dance MBS Singapore

Who said we going downhill. We still got many funds to date. Even hold two Dinner & Dance MBS Singapore, one of the most prestigious hotels. We going strong even in the next decade to go ..........
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1492 views | 9 replies (last )

It's all about the Divie

It formula is simple. Generated Revenue - costs / shares. When this is projected to get anywhere close to the $0.63, assume more cuts. The management made a calculated (and a bit criminal IMO) decision to go to a 63 cent dividend a few years ago when... read more
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3422 views | 26 replies (last )

CTO OUT THE DOOR!!! FINALLY!

Word around our site is that a hotshot named Beresford from the Fremont facility will be taking over Re's position as CTO and will be ushering in numerous new-technology platforms which will stabilize the company's product portfolio and bring... read more
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7374 views | 31 replies (last )

More Engg Layoffs

This is not a rumor, more engineering layoffs are happening (on top of Dec announcement) in US and India...not on a large scale but the fact that all of them are happening in R&D engg teams (who are supposed to develop future products for Seagate)... read more
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1929 views | 8 replies (last )

STST LAYOFFS

Seven IT staff let go this morning so don't think we will be ok for the holidays.
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2370 views | 7 replies (last )

600 worldwide RIF incoming

Likely done by the end of the holidays. From Nygaard's mouth.. NRM is not finished (after being questioned if only IT was getting the axe) Good luck everyone!
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2555 views | 10 replies (last )

A story

A long time ago there was a company that built cheap television sets, the way this company did it was to take an expensive high end television and start clipping out components until the TV didn’t work anymore, they would reattach the last component... read more
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2009 views | 9 replies (last )

Seagate Management

"Only the mediocre are always at their best." - Jean Giraudoux
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2427 views | 11 replies (last )

Is it true?

I am hearing that there are no longer any VP's in the OKC location. That they are trying to close 101/102 and out source IT and technical support? Mostly hear about IT at this point but nothing about the tech support side of things.
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1477 views | 3 replies (last )

Quit

Most employee s have already quit. They just show up for the paycheck. No one really holds anyone accountable anymore. Good place to surf the internet all day and work on outside projects such as homework, class projects, and proving the flat earth... read more
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3439 views | 18 replies (last )

More layoffs this week

I've been hearing and reading rumors that we can expect more layoffs this week. Anybody knows where the info came from and if it's reliable? It takes special kind of cruelty to leave people without a job this close to Christmas, but to be completely... read more
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3649 views | 15 replies (last )

2018 Layoffs: Continuing as Planned

The next wave of layoffs is in March 2018... Another wave is in June right after the US Data Center move from OKC to Shugart is finalized
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1710 views | 2 replies (last )

Whereabouts of $0.7B from WD

Reading these posts about Seagate 'saving' $65M by more layoffs reminded me of another cash windfall. Anyone knows if Seagate ever recieved 0.7$B or so from an old lawsuit against WD and S. Mao?
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462 views | no replies

DH layoffs

When is it? I head March 2018? My manager is aware of it. But he is quiet.
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447 views | no replies

Whose brilliant idea was this?

Seriously, who thought that the best way to save a company is to pretty much get rid of its local IT department? I've worked for a company before where all IT related matters had to be resolved through a department in another country. It was a total... read more
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1983 views | 4 replies (last )

Almost all US IT staff later off today

Seagate has laid off the majority of IT staff in North America today and will be relying on Singapore to provide all infrastructure support.
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2280 views | 4 replies (last )

wow

Surprised to come here and not see any word from or about OKC today.
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2002 views | 5 replies (last )

Dec 8th

The end of most IT in US!
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3560 views | 10 replies (last )

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