Topics regarding layoffs at NetApp

Topics regarding layoffs at NetApp

Class Action Lawsuit

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 

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| 2700 views | | 5 replies (last September 1, 2019)
Post ID: @OP+10IuQXI2

Next Lay-off Date

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 

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| 2110 views | | 1 reply (August 25, 2019)
Post ID: @OP+10IEfGjL

Class Actions?

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 

Kurian k--led Netapp ( - or at least the culture)

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 

NetApp Irreversibly Damaged

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

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| 2610 views | | 8 replies (last September 3, 2019)
Post ID: @OP+10DEQLv3

Finally

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's next?

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...

Ignorance

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 

Any layoffs in Bangalore??

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

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| 2090 views | | no replies yet
Post ID: @OP+10cUxbko

Big layoff today

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

ICP payout does not match

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 ?

Next layoffs round?

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 

Rumors

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 

Sinking Ship

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 

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| 1792 views | | 1 reply (June 22, 2019)
Post ID: @OP+ZDmnGUn

More Layoffs - Impacting Sales Globally

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.

Thanks Ntap

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

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| 3870 views | | 15 replies (last September 12, 2019)
Post ID: @OP+ZBzkAB2

Corporate Monitoring

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 

No chance this is true

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 

Things are truly not going well

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 

2500+ resources

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 

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| 2920 views | | 15 replies (last September 12, 2019)
Post ID: @OP+ZwhI28H

Class Action Lawsuit - Overtime Exemption Violation

How many interested parties would be willing to join a pending suit against NetApp? Keep in mind they will claim we were highly exempt, but the bottom line is they refused to pay us overtime because we were salaried however, our clients were charged... — read more 

ICP Rate Calculations

Now that we know the ICP rate %. How is the ICP calculated? I believe its based on your base salary plus the grade you received. Could someone give me an example ?

I can’t work somewhere when logic doesn’t apply

Left by choice 2 years ago. The $ was good and there was no threat to my job, but my health and sanity were suffering. I can’t work somewhere when logic doesn’t apply. All the good people were gone. Much happier now. I’m very grateful for the good... — read more 

Is this a competition?

Is NetApp in the running for the company with the most toxic work environment? Worst managers? Worst culture? Which is it? Because there has got to be a reason for why our work life has turned into hell in the last year or so. And I'd really like to... — read more 

Salary Hike?

What is the average salary hike in Netapp? How much percentage increase have you received in previous years (please specific your base salary to compare the salary hike %)?

ICP Rate

What are the expected ICP for this year when results are out this month? As these are based on your base salary, how much can you expect if your performance grade is 2 or 3 or 4 or 5?

Can severance be negotiated?

Somebody at the office mentioned that as an option, but it seems like a pipe dream to me. Why would NetApp be willing to negotiate severance when they're not even obligated to provide it in the first place? Am I missing something here? I'd be glad to... — read more 

When will this end?

These small layoffs are nerve-wrecking. At least when it's a major round, we know it's coming and we know it'll end in a day or two. This has no beginning and it has no end - just a never ending source of stress and anxiety. This is not good for our... — read more 

Layoffs this week at NetApp

Redundancies happened yesterday and today, I think all those being cut will know by now. I know 2 cut in Bellevue and few others, all reps in sales. Does not feel a BIG culling this time. There's still time for it keep going, surprised it started on... — read more 

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