Who posted this company is, dead? Look at the share price? Look at the earnings report? NetApp to the moon!

https://blocksandfiles.com/2023/06/01/netapps-revenue-downer-with-no-relief-in-the-outlook/

I was let off the RIF in Feb and was performing and hitting numbers. Let’s just say there is ZERO loyalty at Netapp and middle management has no power or ability to influence decisions (district managers and Regional Dir). If you think you’re special... — read more 

My understanding is that the only people who visit this site are the ones who are anticipating layoffs ( which is almost all the time ) and then there are others who probably feel that NA wronged them by laying them off ( which is a great possibility... — read more 

The company is now officially a fossil. We haven't grown in decades.

Please don't give me that BS of beating expectations and stuff. Not even once did I feel good about these earnings

Another 10 percent if earnings miss. Kurian doesn't know how to grow a company so he will cut heads to get his stock and bonus

Thats a message GK usually sends across to the whole of NA - are you taking care of each other?

What happened to all those growth projections the past couple years? The warehousing of relented employees to keep competitive?

HR and DEI at NetApp, how do you feel about your position in this company? Do you still feel relevant?

There has always been a cult like environment at NetApp. Profile over product. Very close attention is paid to this site and posts are made by paid employees to dispute the concerns which are raised. Be aware that there is a process in place to... — read more 

Some say that cuts are performance related, but I would disagree because I know several excellent performers who are cut. Why was cutting them necessary? It's very demotivating.

What's happening to E-Series? I've heard customers still want E-Series products??

Its like playing musical chairs and being excited to know whos gonna left with no chair. Amazing!!

CONFIRMED: Another round of layoffs started this morning. Good luck out there!

One of the C-Levels was walked out, hopefully the start of many more.

POS people will ask all stupid generic questions, except for the important question that's dwelling in everyone's minds - i.e. when are the next layoffs? You people couldn't be honest for one hour - you deserve NA and vice-versa

With AMA tomorrow I fully expected to hear of a RIF today. Anyone have any insight if any groups were let go? I agree the stress around here has been unbearable lately.

One should always be prepared because a job is not guaranteed anywhere, in any company, however, lately it's been really stressful here. I've had enough of worrying whether I'll be soon out of job or not. Has anyone here tried talking to the... — read more 

I have been in the industry for over 10 years, worked at startups and big firms, but boy, NetApp beats everyone of them by a huge margin when it comes to worst place to work at. Layoffs during COVID-19 brought me here and while I am thankful NetApp... — read more 

The party was good while is lasted. Time to look for other opportunities before you get sacked. You may be one of the survivors but automation will eventually replace you to.

The fact that people continuously speculate about impending layoffs is bad enough, like they say, it's not the actual layoffs that hurt , it's the anticipation. So, essentially, whether you are laid off or not get out of the position from which you... — read more 

How is the first week of May looking for layoffs? Bottom performers? I haven’t heard much but I am expecting there to be some reductions. I don’t think they would do them after converge.

NetApp shares fell almost 5% today as Bank of America analyst Wamsi Mohan downgraded the company, citing the potential for "challenged" product revenue growth in the coming months. Analysts also pointed to the company's 8% workforce reduction... — read more 

Didn’t kurian say they would do more layoffs to get to 8 percent by the end of the current fiscal year? Or were those layoffs already done?

So why do people still burn themselves out by working harder than ever?

Happened to notice that the rumors of a May layoff have dropped on on several forums, which is positive. Was it much ado about nothing?

ChatGPT is gonna kick a lot of employees in their guts by end of this year.

More re-orgs; internal eng ops and tooling brace urself. If you doing useless stuff, find something useful to do, like now.

NetApp will want to be that. Look for the next round to come soon. $50 a share here we come.

Talked to a SVP. Layoffs were planned summer of 2020 but then the US Government promised relief for companies like NA to give them free loans to pay company salaries. NA received missions in funds and gave 22 million in relief in exchange for tax... — read more 

Intern - HW Intern - Accounting Intern - Marketing Intern - Data Science Inter - Automation Wow, talk about cost saving...

Does anyone have faith in our VPs and SVPs? After having met Harv and knowing Octavian and George I really don’t believe they know what they are doing. It seems like they have no clear direction and honestly I don’t even get the impression they know... — read more 

Straight from the SVP of OnTap Engineering today.

When they came to know about my axing, they wanted my phone number ASAP from me, but alas, they never called me to checkin on me. I know they don't have to, but why ask for the phone number when there was never an intention to call. GK won't be... — read more 

Don't work for NetApp but I woke up to a couple emails from people I know putting out feelers. They said they just got notified yesterday. All marketing people I work with.

The next round will happen about a week before earnings release. This will be to stabilize the price. George has promised investors the stock will not go under $60.

I have checked a bunch of forums where I thought the activity is gonna be lit, but to my surprise, this forum beats all of them by a vast majority. Man, say what you will, there is a reason why