Category Archives: Seagate

Seagate activity picking up again. What’s going on Seagaters, downsizing in the works?

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As a facebook friend queried, “Where’s Seagate?” – Top 50 Employers in Electronic Design: 2015 | Communications content from Electronic Design I have a list, although it would fall into the bonus point category of Electronic Design’s judging criteria: Stingy … Continue reading

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Seagate again! Seagate visitors keep stopping by despite the lack of information posted on this blog. Apparently job security is at the top of their employees minds. I suspect this is a common theme at many hi-tech companies but this … Continue reading

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OK Seagate groupies, here’s one of your latest ads! Seagate harnesses the power of data to help solve the world’s toughest challenges!

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Seagate!  A lot of hits from Seagate today. And the hits are from Seagate facility locations such as: Oklahoma City and Mustang (suburb of OKC) OK, Longmont CO, Ilford UK, Zumbrota and Lakeville MN, and San Jose CA. Since I haven’t posted … Continue reading

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Seagate layoffs

Is there something going on with Seagate layoffs? I’m gotten a lot of “hits” in the last few days on the subject. If you know anything, leave a comment.

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Seagate layoffs today

Looks like around 190 in Longmont according to the Yahoo message board. That’s a bummer. Added 23:24. Longmont Times Call reports on the layoffs.

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Seagate cuts dividend

Seagate cutting the dividend can hardly be a surprise. What is surprising is that they didn’t eliminate it or cut it to a token rate of 1 cent as the banks have. Luczo said the restructuring and wage cuts will … Continue reading

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Collins – Stewart downgrades Seagate

Well what a bunch of insightful “yahoos” work at Collins Stewart? They downgraded Seagate today… TODAY! Let’s take a look at the chart…. I don’t own any Seagate stock and don’t invest much in hi-tech anymore, but give me a … Continue reading

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Seagate to lay off 800

This evening Seagate announed a 10% cut of their domestic workforce (~ 800 people). I must say I’m surprised by the small size of the RIF. I can only hope that the bulk of the downsizing is from the ranks … Continue reading

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Top management shakeup at Seagate

Seagate CEO Bill Watkins will have a new job soon, as he relinquished the CEO job to Chariman Steve Luczo today. Seagate said in a statement that Luczo would confer over the next week with Watkins, who’s a 12-year company … Continue reading

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Seagate “hits”

I’ve noticed a lot of hits from Seagate folks in Minneapolis, San Francisco and a few from Colorado. Having worked in the disk drive industry I realize it’s a tough industry and although I’m not particularly sympathetic with Seagate top … Continue reading

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