Overlay groups targeted. Cloud, Storage Grid and HCI. Company dismantling.

Its not all gloom and doom https://www.thestreet.com/technology/netappi-shares-higher-after-analyst-upgrade-15082953?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

"The proposed buyout — speculated by analyst firm Trefis — centres around plans to enhance hybrid cloud offerings in an alliance set to “scratch each other’s itch”. “We think Nutanix could fit in well with Google’s hybrid cloud strategy,” wrote... — read more 

I worked as an Account Executive for NetApp for almost five years. I resigned in August 2018 after deciding to leap to Dell. Let me share the pros and cons after recently celebrating one year of employment at Dell. While working for NetApp, I had... — read more 

From a customer perspective NetApp is like Sun Microsystems. Your HCI offering is like Solaris X86. Impossibly complicated to install and unable to compete with newer commodity products. Think Linux versus Solaris X86. FAS and ONTAP are like SPARC... — read more 

What do you get for pretending the danger's not real Meek and obedient, you follow the leader Down well trodden corridors into the valley of steel What a surprise! A look of terminal shock in your eyes Now things are really what they seem No... — read more 

Henri the crazy clown riding through NetApp on his Ducati like a sicario.

How's APAC doing? Hearing there are some layoffs expected...

I'm curious, considering that all who post here seem to really hate their jobs...

Here’s a better link. All the execs are selling thousands of shares. If this doesn’t blow your confidence out of the water, I don’t know what will. It’s over and they know it. Hers a link showing all the recent executive transactions... — read more 

Even Joel has lost faith in NetApp. Way to sell... — read more 

It has been filed. This one will destroy NetApp. Best news I’ve heard in a very long time. And they say prayers don’t always get answers. They do in this situation. I now predict GK will be replaced within the next 60 days. Too late... — read more 

Any idea when the next one will happen? I’ve heard the end of August. What’s that mean? These layoffs are k–ling me. I’m the last member within my team with my skill set. I’m actively interviewing, but this is insane. Why so many layoffs... — read more 

On finance.yahoo.com, we can see more than 10 law firms are calling investors to take Class Actions because of the stock price drop: On this news, the Company's stock fell from $57.71 on August 1, 2019 to $46.04 on August 2, 2019- a $11.67 or... — read more 

I believe that the twin Netapp inherited from Oracle never has understood what Netapp was all about - and that is where most of the current problems started ! Not fully understanding the basic business (storage) and getting blinded by the cloud... — read more 

Read the article at the URL below. https://seekingalpha.com/article/4286671-netapp-irreversibly-damaged

Maybe they will survive. With Joel and Stanley out, they may have a chance. Time will tell. NetApp is such a hot mess I can no longer short the stock. https://www.crn.com/news/storage/netapp-bids-adieu-to-two-more-top-executives

What do you guys think? anymore layoffs? hiring freeze?

With the all hands coming on the 15th of August, I suspect the layoff action will start within a week of that date if it has not already started. In my opinion, the layoffs should start with Henri...

Some good news for NetApp. NetApp's CDS Unit is growing tremendously, another AWS!!

PS has a cycle. It's a low margin business, so every time it starts impacting the bottom line it gets cut. The the business figures out they need PS to close deals. It happens at NetApp, It happens at Microsoft,, heck,,, it happen everywhere. The... — read more 

Is more coming in US? Is it happening only in US or other parts of it as well?

As I review this forum it amazes me the ignorance of some of you. Why would you continue to work for such a horrible company who doesn’t have any apparent ethics when it comes to staff. You all complain, but you stick around. You are the problem... — read more 

Not good!! http://investors.netapp.com/events/event-details/netapp-reports-preliminary-first-quarter-fiscal-year-2020-results

Big layoff today at NetApp. Was Bangalore site (NB) impacted? This is horrible!!

Just received emails from several colleagues impacted today. Good luck to everyone in the US today.

Any thoughts or comments about our former CMO leaving for Palo Alto Networks in July? Good, bad, no difference?

My ICP is supposed to be around $10K as per the ICP letter that i received. However the actual payout in my bank account is around $3500? What’s wrong ?

When can we expect it? We know it's coming, it would be really good to get more info on when. Waiting and not knowing is raising my stress levels tenfold. I have a feeling they are doing this on purpose: let's make sure morale is down and people are... — read more 

Another big transformation is being planned in US. Folks , if you have an offer, jump the ship before it sinks!!

Yes, it’s a fact that NetApp has embarked on one of the most vast transformation efforts of our time. The desire is to present the full customer experience through our vast network of value added resellers and partners in general. The end result is... — read more 

Thoughts?

https://www.google.com/amp/s/seekingalpha.com/amp/article/4266224-netapp-storage-dinosaur-starting-bleed That article pretty much summarized what I’ve seen internally for the past four years. Sales teams are missing quotas and its only going to get... — read more 

Sorry to say, these layoffs are the most difficult I’ve seen in 20 years. Performance ratings have been low for a reason with planned attrition, but through force of another plan, layoffs will happen and impact sales teams throughout the USA.

Thank you NetApp for being so stupid and screwing your top overachievers. We at Pure Storage have our recruiters working overtime to provide them a safe landing spot where they can make millions

Someone else posted in a thread about this topic and I’ve discovered this is true on my laptop. Corporate IT has deployed utilization monitoring tools on all computers connecting to the corporate network at NetApp. They want to know where staff... — read more 

I can't believe NetApp has laid of 2500+ people just since April - it would be very noticeable. I have not noticed or known of a single layoff, but I do hear that there have been some very small impacts. 2500+ people? That's almost 25% and us... — read more 

You know things are not going well when managers who have it made here are leaving NetApp for greener pastures. I know of two who quit in the past month. If anybody was waiting for a clear sign that it's time to leave this place - that certainly... — read more 

Since mid-April, NetApp has laid off 2500+ resources. No notification required at the fed level. They give notice, terminate and pay continued benefits and wages for a time frame of 30, 60 or 90 days based on time of service. That’s no company to... — read more