Topics regarding layoffs at NetApp

Topics regarding layoffs at NetApp

Why do you hesitate to leave?

There are many here who can get a new offer elsewhere but are still here. I don't blame them for hesitating to leave this place, because I'm not sure how much greener the grass is with some competitors. I don't want to say that it's good here, I'm... — read more 

Rumor of big wheel leaving Netapp

Rumor has it one of the big wheels at Netapp is leaving. Is that a signal of something to come or a career move on the individual's part.

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| 2680 views | | 4 replies (last November 17, 2022)
Post ID: @OP+1jILG7wD

Jobs are being offshored

For every employee in Cork one in the US will lose their job. The company as usual is more interested in tax strategy than technical innovation. No growth requires expense reduction and tax avodience to keep Kurians stock options in the green.

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| 1750 views | | 1 reply (November 15, 2022)
Post ID: @OP+1jHReoQP

Winter is coming

Freeze on expenses and travel. Freeze on hiring. Compensation plans adjusted. Kurian only cares about the stock price. NTAP falling in the Gartner quadrants. Winter is coming.

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| 2330 views | | 6 replies (last December 14, 2022)
Post ID: @OP+1jE0WbYg

How many are nervous?

I have been checking my email first thing in the morning - just to see if I can still access it.

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| 2550 views | | 8 replies (last November 16, 2022)
Post ID: @OP+1jCbSFWo

More cuts coming?

Don't take my word for it, but the rumors I hear is that more cuts are coming. I wish it wasn't true. Maybe someone has a little more info?

Insider Sold: Netapp

Cesar Cernuda, President, on September 15, 2022, sold 18,000 shares in Netapp NTAP for $1,256,677. Following the Form 4 filing with the SEC, Cernuda has control over a total of 78,463 shares of the company, with 78,463 shares held directly. The... — read more 

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| 2590 views | | 3 replies (last November 17, 2022)
Post ID: @OP+1jpJqazP

When is our turn?

Many companies are preparing lists of people to be laid off, what's NetApp doing? Will it be a sudden axe or will there be a leak of information beforehand?

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| 2210 views | | 2 replies (last October 10, 2022)
Post ID: @OP+1j2vqiCG

So many cast offs from MSFT

The company is now the technology equivalent of the Mariel Boat Lift. Seems like any failed MSFT employee can get a high paid executive position while long time employees lose the jobs.

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| 2180 views | | 7 replies (last November 5, 2022)
Post ID: @OP+1iXGKR1W

Major reorg and layoff OnTap

Kurians knives are out once again. The stock price has fallen below the boards expectations and with sales flat overhead needs to be reduced.

Each person should do what is best for them

I don't like universal advice such as "It's best for everyone to just leave this joke of a company". Yes, it is true that most people are much better off since they left NetApp, but I know several who have regretted it, not because they left... — read more 

Some are anxious, some feel safe

When I talk to my colleagues, some are very anxious, and some are surprisingly sure that their positions are safe. Are there any positions here that are much safer than others if there are cuts? I always hope for the best, while at the same time... — read more 

How serious are the layoffs going to be this time?

Every known company is laying off and it's only ironic that NetApp hasn't yet. Can someone privileged enough to know when the ax will swing, help predict this? There is so much work pressure and when you add this uncertainty, it just becomes... — read more 

It's too much

What was once a normal job has turned into having no work-life balance because I'm forced to do mine and the jobs of two people who were let go months ago. I get no extra pay or bonus. All of this while my manager keeps telling me to be grateful that... — read more 

Anxiety creeping in

With layoffs all around us in the tech industry, the frequent layoffs at NetApp come as an advantage for its employees this time? i.e. less or minimal layoffs around the corner? There is always a good time to get laid off and the worst time too, I... — read more 

Marketing disaster, changes coming

Marketing is a disaster and just keeps getting worse. Instead of making fundamental changes at the top, a “new plan” gets created every 6 months. VP’s are not really accountable to their last “plan” so they just make up a new one. Over and over... — read more 

Layoffs when?

Given the current trend of widespread layoffs across the tech industry, it feels weird that NetApp hasn't announced layoffs yet. Whats the scale of the layoffs this time around?

August layoffs

Single digit revenue products going to get hit hard. StorageGrid and E firesale coming .

NetApp in the cloud

A lot of the posts here are complaining about the working conditions at NetApp, but what about long term prospects of the company regardless, even if the employment is good. Do you believe NetApp trying to reposition itself as a Cloud company has any... — read more 

Psychological abuse

I work with a team mate who gets very excited about proving me wrong about something, and he would like to do it when there is a bigger audience - I bet he prepares everyday keenly for such an opportunity and lately one more person added himself to... — read more 

CFO stock purchase

CFO guy seems confident in Netapp.. “Earlier this month, NetApp's (NTAP) Chief Financial Officer Michael J. Berry bought $360,000 worth of shares in the open market.” Seeking alpha

Just had my annual review. LAME

I just had my annual FY22 review. I received a 4% merit increase and a weak ICP bonus and ZERO equity RSUs but told I was a top performer. Just WOW! This won't cover the inflation. Time to move on from NetApp.

Such a shame

I have been a customer or an employee of NetApp since it went public. The decline started with Tom Georgens and has accelerated under George Kurian, so and now gutted by former MSFT employees. It's only going to I get worse now as Kurian allows the... — read more 

Resignations

Anthony Lye resigned from NetApp, one of the worst generators of HR issues with a constant stream of "cover ups" to protect a leader. Expect layoffs and cuts around the leadership changes. Other leaders have resigned as well due to quota and culture... — read more 

Are you polishing your resume?

I hope there aren’t many of those who think they’re safe. You should always have a nest egg set aside for eventual cuts.

This forum is lit

Speaks about NetApp more than in any other platform. Glassdoor too doesn't reflect the everyday pain go through here.

Why exactly are they performing layoffs?

Layoffs are a constant threat, yet we are barely managing to get the work done as it is. In my team everyone is overworked,working overtime and I can’t even imagine what would happen if we lost another team member or two. Looks like layoffs are only... — read more 

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