Anyone has info on this - I know this is mostly a US centric board but wanted to see if someone had any info on Penang
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Seagate technology close factory at China this year
My prediction is Seagate SRC IT not able to last more than 5 years post closure of penang plant. Seagate India will take over.
CP's not so young protege is planning a doomed Global MES initiative. Penang IT is tangled in this mess at the moment.
10k views here - wow
If the whole penang plant is shutting down, do you think IT would be spared?
Any layoff for Seagate IT Penang?
yes penang is confirmed shutting its doors.
Seagate is a failure, keep all the expensive sites, Open posh R &D Buildings at most expensive cities in Asia ie. Singapore and South Korea, maintained Media plant in world 's 2nd most expensive city Singapore (Woodlands), which is 3X more expensive than Malaysia and THailand, no wonder the operating cost very high compared to WD . The SVP of media operations should be sacked for protecting own interest for maintaining Singapore plant, and operating 3 times more expensive than competitor. The American CEO and COO are dumb idiots, can't even get the basic number right on expensive site location, how to lead the company to greater heights .
From the 2nd largest plant in Malaysia Batu Kawan ( after Proton )as announced by VP to zero plant in Penang, Seagate Boleh !!! Somemore Penang Seagate will announce officially the plant ceased operations timeline. More than 70% of workforce will be gone by this year end.....remaining gone by 2017.
No body will care about you, Heard this plant wont close down since do have one director decide to stay back instead going to Osxxx.
Nobody likes the feeling is "going to be out of job"😡. But if it is going to happen, just announce so that people can start planning earlier.
Most importantly, give out a better closing down package.
Quoting our beloved SJL,
Just Bring It.
The whole lot of us are ready and waiting for it. Blardy hell.
Don't care if this is from Steven or not. Just quickly go update your resume.
Hope that the package is as good as WD. Anyway, It has to be better, WD penang slider plant is the excess capacity while Seagate still requires the Penang Plant to support the Enterprize Products.
U Steven xxxx?
June2017 100% move. True!!!
Let wait for this July 2016 announment..
Penang safe.all back to normal
WD is focusing on Flash...and buys SanDisk...to improve on its 3D nand tech. But then, Seagate is still focusing in HDD. Die lor...Seagate gonna be a dinasour in a flash world ... The higher ups management team is delusional and thinks HAMR has a good future...shooting a laser ...son of Star wars
Western D is paying out 1.5 month per 1 complete year of service. No wonder Seagate is Number 2... Number 2 in every aspects.
The last time they had VSS, I hide in the toilet. HR could not find me. I survived.
I heard its only 1 month per complete year of service.
Engineering versus other depts getting different deals?
heard fruit stall ppl said that they will cont sell fruit till Sept only....
So its VSS only NO shutdown?? Phew...
the compensation is good
1 year = 2 months of your last drawn pay
company bear PCB (Malaysian Tax)
additional 3 months bonus - for long service award
employer EPF contribution = 16%
see lots of older employees - walk away with white teeth flashing...
Huat arrr....Huat arrr....Huat arrr....Huat arrr....
What's the compensation like?
Do they offer vss if got d letter?
Got d letter.
Yes some of them are already received their letters.
Heard some people got their letters in Penang. Can anyone confirm this?
got announcement today?
PDI got one sr manager only left 4 engrs. All cabut
New room - near to Finance and HR area??
Hey - can bodek Finance into spilling the beans...there are a bunch of cool guys....
Walk around in P1 and u will see 1-2 new face sit in room
Read post below....the management....
Who are the "terminators"?
'Terminators' is here.....saw them in office....
If STX got to save cost and maintain the share. Singapore, US, China and Korea DC and factory got to shut down and move everything to Korat.
Confirm by HR Director this year end we are going to have lay off twice.June and Dec.
Reliable source : From Penang IE Mgr.We are going to shut down.Get ready and apply new Job.
Last year....30+ ppl from src had moved to pg factory....will these 30+ ppl move back to src?