Am I the only one in the last layoff who is struggling to get past it? I’m just finding myself getting angrier and angrier as each day passes and I know that this isn’t positive but changing that line of thinking is taking more energy than I have. .. — read more
I don't know why I even bother
I'm over NetApp. It's draining to keep pushing myself when it feels like my manager's never satisfied, no matter how good my work is. And it's good—other people see it and comment on it all the time. But when you're not in the "favorites club," it... — read more
Chief Human Resources Officer leaving ?
Why is CHRO going after 9 months?
Onshore NetApp will be offshored to death
That’s the strategy, and each one of us can expect to be affected sooner than later.
This layoff is very disturbing
It seems that who you are actually matters as so far of the 10 people I know who were laid off, 100% were 30s-50s, white males. A small sample I know but wow, if that was the criteria used, good luck to all for the future.
NetApp is a meat grinder
No matter who you are or how much security you think you have, you really don’t.
Are layoffs still going on?
Are layoffs still going on or they are over?
Layoff on going
Sales and engineering are being targeted. A few team members are impacted. Anyone else?
Personnel action
Well, I don’t know who else is being affected today but I was just laid off due to ‘NetApp is changing the SE organization’ Good luck to everyone and keep your head up.
Q3 changes
What’s new?
When is the Security Team being outsourced?
When is the Security Team being outsourced?
When is IT happening?
Any thoughts? I'm part of the filesystem QA team and have been working with the same team for several years. I'm a bit concerned now since we've been doing similar work for years, and it feels like it could be replaced by lower-cost hires but... — read more
SM left?
What the heck, anyone know why he’d resign with no warning?
Why is Mike Berry leaving?
Seems like long notice. Staying on until May 25, 2025 unless a new CFO identified before.
Layoffs in September
Anything new on this rumor?
NetApp is causing me issues with my health
I'm so overworked and I've been stressing so much that it started affecting my health. My blood pressure has never been higher. I'm about to see my doctor about it and I'm starting to wonder why I'm doing this to myself. There have to be jobs out... — read more
Lost another great support leader, don't dare question the VP
Lost our leader today. He tried to stand up for common sense and paid the price. Don't dare question the all mighty leader of support. Time for us on the floor to go elsewhere, anyone who tries to speak the truth of the problems with tools and/or... — read more
NetApp either cutting jobs on Q1 call or getting acquired?
Cisco announces $1 billion restructuring to take place this quarter in today's earnings release. Also talked up strong margins etc Legacy tech co's need to redirect all R&D to AI growth opportunities or join integrated player like Broadcom, Nvidia... — read more
When is the acquisition being announced
Everyone assumes the brothers are selling NTAP to Goog. When is this expected to go down?
Dell getting whacked today
NetApp next? Where are all those consultants?
We are safe
With all the negative pr intel got from their layoffs i think management here is done with layoffs for the rest of the year.
Named executive officers golden parachutes basically doubled …. Any news on layoffs?
Check the proxy. Total parachute to NEOs about 160 million vs 100 million last year.
Held up well despite CS outages
NA held up well despite being a CS shop. Can't say the same for those targeted for the next round of layoffs
hold RSUs after acquisition?
got some rsu from promotion this year. do i hold until after acquisition is done or do i sell now? if i get trimmed in the fat, i believe they are forfeited.
Momma said the best things come in threes ... Google + Wiz, who else on a Merger Monday?
Wiz tied into 3 hyperscalers like NetApp.
Google fake rumors re Hubspot acquisition .... but really?
A misdirection while Thomas and George hash out the details of a Google / NetApp tie up?
VMWorld 45 days out .... Broadcom gave VMWare 40 day go shop period in May 2022
So the rumors of outside consultants are bankers seeing how much can be trimmed when NetApp integrated into Broadcom/VMware? Hock Tan likes cash flow.
Speaking of non producing BUs, NetApp creates new role for Chief Sustainability Officer
They didn't even bother to press release it. https://sustainabletechpartner.com/topics/chief-sustainability-officers/netapp-hires-vmware-veteran-nicola-acutt-as-chief-sustainability-officer-5-things-to-know/
More layoffs coming for non revenue producing BUs
Word has it as NetApp is preparing that all non producing business units will be slashed and reduced (layoffs). Management has brought in consultants who has told them they are either making money for the company or are consuming resources and... — read more
Skydance + Paramount deal moving forward .. Oracle + NetApp next?
Larry's son is getting Paramount deal done. Definitive M&A expected this weekend with a 45 day go shop. Oracle expected to provide AI and cloud technology to help lower costs. Netapp leader in unstructured data with 50% enterprise unstructured data... — read more
Skydance + Paramount deal moving forward .. Oracle will provide AI + cloud tech
Skydance + Paramount moving forward with definitive agreement with 45 day go shop expected this weekend. Oracle expected to provide AI + cloud tech to Paramount to help them lower costs. Netapp has 50% of unstructured data on its gear. Elon talks... — read more
Oracle Advertising replaced by Netapp data storage?
Kind of a tough sell re data privacy for Netapp customers if you also have another business that sells data to advertisers. Sounds like Cerner had this problem once Oracle acquired. Oracle advertising had layoffs last week and Sept 30 Oracle... — read more
NetApp stock price going up, >130 USD per share
The good news is that NetApp stock price is going up, north of 130 per share. One of GK's key metrics is to increase stockholder value. Unfortunately, the company is having to make decisions that impact most employees significantly.
Manages check your merit and ICP
HR is at it again. I distributed my allotted budget for merit and ICP to my team. It was approved through my management team and without notice, someone from HR went in and knocked everyone down significantly. ICP was also dropped by thousands per... — read more
Acquisition imminent?
1–3 years out, oracle? Thoughts
Netapp buybacks slowed in Q3/4 yet added $1B authorization
Why did NTAP stock buybacks slow to $100 million in Q3/4 vs $300 and $400 million in Q1 and Q2 FY24? CFO missed the 100% of FCF targeted returns to shareholders via buybacks and dividends. $900 million buybacks and $425 million dividends vs $1.5B... — read more