Over the past year, George Kurian has sold a total of 59,825 shares of NetApp Inc and has not made any purchases of the stock. The company's insider transaction history reveals a pattern of 33 insider sells and no insider buys over the same period.
Don't Fill Out the Corporate Survey
It's reasonably safe to assume that if you are on this site you are concerned about the possibility of losing your job in a layoff and judging by many of the comments you are also dissatisfied with working at NetApp. One thing I would offer is to... — read more
When will all of support be in Bengaluru?
When will the Americas and EMEA support engineers be told that everything is moving to India and get their tiny severance as India and AI will make all of the enterprise customers so happy. rolf lmao.
All change, all change in Marketing 👀
Hearing there could be some pretty big changes coming to Marketing. New CMO, consultants looking at the org, and apparently a restructure could be on the table. Maybe we’ll finally get back to actually doing marketing instead of throwing money at... — read more
🚨 RUMOUR MILL: 4 DAYS IN THE OFFICE INCOMING? 👀🍿
Hearing more and more chatter that the return-to-office mandate could soon be moving to 4 days a week. Also hearing that VPN activity is being tracked to see when people are connecting remotely vs being in the office — and that use of company AI... — read more
How some people get ahead
The people who get promoted fastest are the ones who know how to impress their bosses. Actual expertise and the ability to lead people don't matter much. Sad but very true.
layoff end of Sep or Mid October?
i overheard conversation that either end of Sep or Mid October? from high management. Its from engineering site. anyone can confirm?
THE WORST KEPT SECRET
THIS AUTUMN… THE WAIT IS ALMOST OVER. THE SEARCH. THE SPECULATION. THE SUSPENSE. WHO WILL BE THE NEXT CMO? COMING SOON Only at NetApp.
The stock price ponzi scheme has ended.
Stock was crushed because free cash flow is weak. Translation .... no more buildings to sell, not enough free cash anymore to buy back shares, component costs hitting margin, lack of innovation has resulted in stale comiditized products. The only... — read more
"doing your job well is no longer enough"
Overachieve every quarter, showcase excellent results, customer satisfaction, retention upsell. All that doesn't matter anymore, you want more pay ? You want a promotion ? Bullsh-t stretch assignments is the only way. It wasn't like this before, we... — read more
And now Dallas is going?
Whatever the reasons behind his departure, from where I sit Dallas was one of the few senior leaders who seemed to genuinely understand how sales at NetApp needs to function — how the field, partners, customers and internal teams actually need to... — read more
The UK problem nobody is talking about
Anyone else seeing what’s happening in the UK? Good people are leaving, particularly women, and others seem completely burnt out. Yet we still hear all the usual talk about diversity, inclusion and people being our biggest asset. Since the... — read more
the mass exodis of NetApp leadership to HP.. What dont we know?
Anybody notice the mid level and upper level leadership at NetApp leaving and all ending up at HP. 1st. Who can say they enjoy working at NetApp? the whole company changed, and the existing leadership ki-led it. 2nd. Its good to know Sandeep... — read more
Brace for impact!
People actions happening this week.
COBRA asking for full payment instead of 10%
Has anyone dealt with COBRA yet? I just got a balance letter in the mail for the full amount, not the 10% (90% is subsidized by NetApp), even after speaking with the NetBenefits rep who said that I would be responsible for only the 10%. What's your... — read more
Has ANYONE received severance yet?
I'm only 3 weeks of waiting at this point, but I see folks have been waiting since May and still haven't received it or any word from NetApp. How can we organize and get this in front of some financial reporters?
How is NetApp severance paid check or direct deposit?
I am out of town, I have been monitoring my mails (using USPS informed delivery). I have not received any mail. I did not see anything on ADP either. Please share if you have already received severance pay. It will be so helpful!
Historically speaking, the second major layoff of the year
Is always in November, a week or two before thanksgiving. It’ll happen between now and then.
Folks laid off on May 19th - did you get your severance pay?
Still waiting to receive the severance pay! No response or notification from anyone. If you got paid, was it direct deposited or received a check?
People actions coming in August and November
Two planned reductions this year. A small one near the end of August and a larger one around Thanksgiving. VPs already know and are choosing which teams will be hit. Directors will hear news about the layoff in the next 2 weeks. Cloud product teams... — read more
Severance payout?
Has anyone received the severance payment yet?
This isn't right
Younger hires are coming in, older ones are going out. And the exits don't look like performance issues. It's a shame how little this place cares about institutional knowledge.
Posts being deleted
How are posts being deleted on this website? Whatever happened to freedom of speech?
Layoff Signs
For anyone impacted or just good at sniffing it out, what were the signs major or one off layoff was coming?
Shareholder Perspective
As a prior employee who was laid off over a year ago, I have to admit that from a shareholder perspective who was fully vested with ESPP shares for several years, it appears that the moves that NetApp is making has increased my account value... — read more
It's kind of funny if you think about it
Most of the people already working here are trying to escape. Yet somehow, people are still applying. I honestly can't figure out what would make someone want to join this mess. It's a mystery to me.
Where is attachment A of the Severance and General Release?
Some important information is contained in the Attachment A (severance amount, payment method), but it's not in the Severance document to sign.
When is severance actually paid out?
Wondering when severance is actually paid? Just got my last paycheck before the termination date. Any idea when the documents would be sent and when they would pay out severance?
GK's legacy
George Kurian's legacy won't be maybe hitting $10B in revenue at some point. His legacy, along with Beth O'Callahans, will be constant layoffs and total decimation of the NetApp culture that had been built over the years. Beth's legacy will be the... — read more
0% ICP payout is a joke
NetApp advised U.S. employees in May that we could elect a separate 401(k) deferral percentage for our ICP bonus. I was excited about the new option and updated my elections in Fidelity as soon as it became available. However, I also changed my... — read more
RSUs part of layoff negotiation?
Did anyone who got impacted recently managed to get their RSUs vested sooner as part of the package?
NetApp Admits Mistake and Rehires?
Anyone had NetApp admit they made a mistake getting rid of you and asked you to come back to the same role as if you never left? Didn't happen to me, but curious of others had it happen?
Morale Booster
If you want to raise employee morale, it's quite simple. Reinstate real paid time off, FTO is evil. Remove the thrive together requirements, people want ultimate flexibility. Stop off-shoring business critical roles to India, it's horrible. Nothing... — read more
Future of support for emea and possibly amer?
More and more nb support engineers are being hired and integrated in support teams. English speaking support engineers have been getting layed off in recent years and it looks like the remaining support engineers are next. Does someone have any... — read more
We're past the point of wondering if there'll be layoffs
The answer is always yes. The questions that should be asked now are when and how many.
Laptop and other return
When is the last date to return the laptop? Is there a strict deadline? Still haven’t returned it because I didn’t get a box from ups yet.
Will laid off employees be getting bonus this time
NetApp’s financial performance is much better than past years. Will they be generous to pay bonus to laid off people? If anyone gets it, please share
What’s up with performance rewards?
Who else is diasspointed with their thrive rewards?
How and where to sign up for Cobra
i got let go May 19. still can't find a job. not surprise. According to NetApp, they will continue to pay 3-4 months of Health Insurance before July 18, but need to enroll or sign up before July 18. They never mentioned how to enroll or any link... — read more
Why does every year here get worse?
We're always seeing more cuts, fewer benefits, managers who know they can do whatever they want, and so many other things. This place fell so far so fast.