Category Archives: Seagate

Looks like Seagate is at it again. I hear a significant layoff is coming on Wednesday in Longmont. I’m sure there’s more info at thelayoff.com. In fact, from what I read there, the layoffs are postponed because they’re not big … Continue reading

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Lot’s of “hits’ from Seagate. What’s going on over there aside from “unlimited” vacation?

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Also, rumor has it that another Seagate layoff’s on the way. I’m sorta out of the loop so no info here. I’ll start asking, but if you work at Seagate, you’ll know more than me.

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Rumor has it that Seagate is going to “unlimited” vacation. If you think that’s a ‘win’ for you, think again. Without question, it’s a ‘WIN’ for Seagate.

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COBRA, should you take it or leave it? You can’t leave COBRA whenever you feel like it and enroll in an Obamacare plan. If you elect COBRA, you can ONLY change to an individual Obamacare plan during open enrollment or … Continue reading

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Seagate traffic is spiking again. It means layoff time (I guess). I did hear rumors of layoffs on Friday and a visit to layoff.com appeared to corroborate the rumors. The traffic spike on the blog certainly corroborates them. Here’s my … Continue reading

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How Seagate’s stock reacted to announcement of 14% reduction in workforce. Hey this probably messed with the Long WDC Short STX trade that I’ve forgotten to update. I’ll get it updated over the weekend!

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Good luck to Seagate employees. Doesn’t look like tomorrow (almost today) will be a fun day.

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Laid-Off Americans, Required to Zip Lips on Way Out, Grow Bolder – The New York Times Prediction: These companies are so stoopid and arrogant that they will take former employees to court for violating their employee agreement and criticizing the … Continue reading

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Looks like WD beat Seagate to the punch – Western Digital plans to eliminate 405 jobs in Bay Area – San Jose Mercury News The wrenching consolidation of the chip industry has unleashed a fresh round of job cuts in … Continue reading

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With the inevitable high tech layoff’s coming up, it’s time for a word of warning about COBRA. At the moment, I’m of course thinking about Seagate employees but this applies to anyone that has or is expecting to lose their … Continue reading

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‘Is This Real?’: Denver Company Makes Vacation ‘Mandatory’ « CBS Denver FullContact, an app developer that helps professionals manage their contacts, has a minimum vacation policy where employees must take at least three weeks of vacation. On top of that, FullContact … Continue reading

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As you can see in the right hand column, the long Western Digital, short Seagate Technology stock trade turned positive this week (5/27/16). It is now valued at a + $935.05 after initially favoring Seagate. You can read more about … Continue reading

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I’m late to this party, but looks like Seagate is going to have significant layoffs. The Seagate page at layoff.com is interesting reading. Projected date is June 29th. Of course, if you’re coming here, most likely you’ve already been to … Continue reading

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Western Digital Is Cheap, But Seagate Is In Trouble – Seeking Alpha Analysis from Chris Lau at Seeking Alpha. Seagate’s quarterly results suggest more trouble ahead. Western Digital has challenges ahead with hard drive sales, but its strategic plans ahead … Continue reading

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Inquiring minds what to know – Better Value Play: Western Digital Corp. or Seagate Technology PLC?  Remember, you don’t have to play in this game at all! Can investing in SSD’s save them? WD and Seagate are trying to counter … Continue reading

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The disk drive industry sucks. Seagate stock performance sucks worse than Western Digital, although I’m not sure it isn’t a distinction without a difference.   (open image in new tab to enlarge)

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Lot’s of nervousness and concern from employee whispers I hear from Seagate/Longmont, and other locations based on blog visitor statistics. – Seagate (STX) Q3 Earnings: Stock Likely to Miss Estimates?  Our proven model indicates that Seagate will likely miss earnings … Continue reading

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News Seagate can use: Cyberthieves’ Latest Target: Your Tax Forms An email scam targeting companies is putting huge amounts of individuals’ tax information into the hands of criminals, potentially wreaking havoc on the victims’ lives for years. Coming at the height … Continue reading

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Sorry Seagate followers, this is old stale news – Hackers Nab Seagate Employee W-2s Via Phishing Scam | News & Opinion | PCMag.com The incident occurred on March 2, when phishers sent a Seagate employee what appeared to be a … Continue reading

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