/ Get out before you're cut out. It's way harder to get a job when you're unemployed, even if you're only employed by Seagate.
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Topics regarding layoffs at Seagate Technology Inc.
Seagate and Jenga are amazingly similar. The game at Seagate is played by removing an increasing number of worker bees at the bottom, with the blind belief that those managers at the top (who don't do work but do manage) will be stable and fine... read more
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
wait long long again?
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
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.
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
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
Things look good. layoff may not be needed in the short term. good luck, all. back to work now, everyone.
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
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
3000 Rif comming by end of 2018! No joke!
Lay off in LCO will be around 150.
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.
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.
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!
"Only the mediocre are always at their best." - Jean Giraudoux
I heard about this mentioned by a few Seagaters.... they may have reliable sources
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 ..........
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
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?
When is it? I head March 2018? My manager is aware of it. But he is quiet.
I heard there will be different lay offs for DH employees -massive lay offs in next Quarter January to March.
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
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
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
Like it's never ending laying off of IT staff
Seagate has laid off the majority of IT staff in North America today and will be relying on Singapore to provide all infrastructure support.
Surprised to come here and not see any word from or about OKC today.
and they were not from IT.
Seven IT staff let go this morning so don't think we will be ok for the holidays.
Dec 6th - Any layoff announcements
I see all the rumors regarding layoffs are focusing on January through March period. Does this mean we are at least safe for the holidays? It'd be nice to be able to relax, at least for a few weeks. After that, I'll be recharged enough to start... read more
Idiot VP tried to outsource IT last month. Want new company to do it all with 4 employees, no OT and only Mon thru fri. Company being interviewed pretty much laugh in his face. But....but...but we're Seagate was the VPs reply. Lol