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Seagate Layoffs

Industry Hardware · Location SF Bay Area · United States · Subscribe (RSS)

2
Layoff rounds
3,480
Employees laid off
Post-IPO
Funding stage
—
Total raised
STX $847.47 ▼ 8.48%
close June 5, 2026

Seagate has 2 publicly reported layoff rounds on record between October 26, 2022 and March 29, 2023. A total of about 3,480 employees were affected across these rounds.

Layoff history

March 29, 2023
Seagate cut 480 employees
480 laid off Location SF Bay Area STX +5.56% that day, +1.87% next day

Seagate disclosed a workforce reduction affecting its SF Bay Area operations in March 29, 2023. Approximately 480 roles were eliminated.

Source: in.investing.com

October 26, 2022
Seagate cut 3,000 employees (8% of staff)
3,000 laid off 8% of workforce Location SF Bay Area STX -7.95% that day, -2.68% next day

Seagate disclosed a workforce reduction affecting its SF Bay Area operations in October 26, 2022. Approximately 3,000 roles were eliminated.

Source: cnbc.com

Data for Seagate is compiled from public WARN Act filings and reporting linked above. See our methodology.