Training on going. We all saw this coming. Hope everyone is safe tomorrow.
Any updates?
Nobody around me has been notified yet.
When can we expect emails to start going out?
Probably not before tomorrow morning?
Heard it will be cloud / sales heavy
As the title suggests, rumor in my dept is it will primarily be people on cloud teams and sales.
Try to enjoy your weekend
No matter what. Worrying won't change a thing next week.
DDAY MONDAY OR TUESDAY
GOOD LUCK ALL!
Any updates on the rumored layoffs next week?
It would be good to know what to expect. I'm worried about this job, like many of us are. Not out of love for it, but because it's really difficult to find anything else these days.
Has NetApp been postering for acquisition this entire time?
There’s been a lot of speculation lately around the company’s direction — reduced benefits, PTO changes, restructuring, workforce reductions, and broader efforts to improve financial performance have naturally fueled conversations about potential... — read more
Any truth to the acquisition stock spike yesterday?
So the stock spiked to mid 120's and I see rumors of someone wanting to .... erm... what's this BUY netapp.... ffs who would be D-MB ENOUGH?? "There's some takeover speculation around NetApp (NTAP), according to a Betaville "uncooked" alert... — read more
Primary impact will be sales
Likely a week from today
I won't be too upset if I'm laid off
How much worse can it get than the situation I'm in now? Constantly worrying about cuts, dealing with an abusive manager who thinks fear is a legitimate managing tool, and being significantly underpaid compared to market. If I'm laid off, I'll be... — read more
Is the expected impact 6–8%, 20–40%, or limited to a few products?
Posts are all over the place. Thoughts?
Save your energy
Don't ki-l yourself for this place. It's truly not worth it. The people running things now don't respect us, so why should we respect them?
Blame AI
Don't ask me how. I know we are close and list is ready. Expect 20-40% cuts in few products.
stale, pale, male syndrome
If you think dei is gone, you are wrong. Heard it in a meeting today, sorry old white guys, doesn't matter what you contribute or sacrifices that you have made to build this company. Diversity is more important than being able to deliver value and... — read more
technical or left behind
A major theme for this fiscal year will be to get technical quick or get left behind. In the era of AI there will no longer be an excuse to not create revenue regardless of your organization.
Layoffs third week of May
Converge. Sales Kick Off in Vegas. But I am hearing that layoffs will be third week of May which makes no sense at all to fly people to Vegas and then lay them off. But...NetApp has done crazier things... Any chance somebody knows more about... — read more
Hearing lots of firings today 4/27
Title basically. Hearing lots of people getting blasted today out of the blue. Anyone impacted?
Layoff before or after fiscal ?
Is it happening before this time?
Watch out for Amazon
Doesn't Amazon S3 Files thing completely annihilate one of netapps' core revenue streams?
Layoff imminent?
I heard from management that there are some pieces moving in the background . Has anyone heard!
Oracle is the new model
Make sure to check your email. The notifications have already started.
Incompetencies exacerbated by total reliance on AI while the ship sinks
Constant* project churning. Requirements either written by AI without considering what's actually possible, or just blatantly copy the competition as they do it better. Just copy, copy, copy, without understanding what works and what doesn't, and... — read more
Imagine if you will......
A company once so loved by its employees that it was the fortune 500's best place to work. Now imagine this company has a manager with the highest level engineers in the company who have worked and sacrificed for this company to be in the highest IC... — read more
3 pets, 7 team members or Thinking in Thrive Boxes for Simpletons
How will my manager manage? She has 3 pets, 2 performers, 2 under performers. How will she fit them in the corporate Thrive boxes? With only $16,485.38 cents for raises, 2 of the pets are going to be punished by being forced into the performer... — read more
The Real Incentives Behind Thrive Together
There’s a lot of negative sentiment here around Thrive Together. That reaction is completely rational. Many people are trying to rationalize the decision - commercial real estate exposure, leadership being out of touch, or executives undervaluing... — read more
First our PTO, now our ICP?
It’s frustrating watching compensation rules change after the work has already been done. First PTO changes, and now a policy where employees lose their ICP if they’re not still employed two months after the fiscal year ends — even if they worked... — read more
first pto now our icp, guessing no severance when they lay us off
First they took our PTO without any compensation. Now they are going to lay us off and not have to pay any ICP if they do it prior to two months after the fiscal year. So you work the entire year and 1 month and 29 days after and they "by law" do... — read more
Margin compression = layoffs
Memory shortages are going to whack margins and the only lever that can be pulled to maintain stock price is expense reduction aka layoffs. This company has no ability to sell software without hardware and no ability to hedge across non storage... — read more
Stop it!
Don’t criticize Dell again prematurely. Instead, let’s take a step back and compare their stock performance with ours following the earnings release before forming conclusions.
RTO ......
With the peanuts netapp pays, who can afford to live close to office ? With RTO you will just lose young talent and not the ones you are aiming . Don't forget about the burn out due to commute. This is just d-mb.
Late stage capitalism is in the air
Not laid off yet, but all my projects have somehow been distributed to other teams.
3 days a week RTO
No benefit to this. More attrition and lost productivity on it way.
Well
Who else was impacted today?
At the end of the 4th quarter
There will be cuts.
Trying to predict the unpredictable
We all know layoffs are coming at some point. Does anyone have an educated guess on the start date? Next week? Next month? Even later?
Headcount is the inverse of stock price
May is going to be brutal. Especially for long tenured employees. George has hitched the wagon to the AI bubble which is in the process of deflating. If only we had invested in innovation instead of claiming NFS is a foundational technology for AI... — read more
No risk imminent
No layoffs planned for the next 4 months.