Seagate Technology – “losers”

Pros

Well, it's not better than being unemployed, so I can't think of any.

Cons

This company is very stingy with employees. To cope with the economic downturn, they told us to use up our 2008 vacation and that there would be no layoffs. A month later, in January, 2009, they laid off a large number of employees. A VP spoke to us as a group, claiming to regret the decision. But, the day before he was laughing gleefully immediately after the CEO announced to directors and above that the layoff would take place.

They have always managed to add insult to injury, in my experience.

Advice to Senior Management

Senior management acquired in Dec 2008 created the problems that division is having.