Thread regarding NetApp layoffs

Supply chain is going to put the hammer downg

King Kurian will have to confess we are impacted by supply chain. That will drive the stock into the 50s at least. Take a look at what happened during Cisco's earnings call. Stock price and revenue shrinking will result in more layoffs since that's managements only way to reduce cost and keep profit margins reasonable.

Bye bye RSUs

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| 2112 views | | 1 reply (June 2, 2022) | Reply
Post ID: @OP+1gPrlM66

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Layoff are how NetApp leadership reduces costs and keeps profit margins reasonable. Scary. We all saw how well that approach worked for Sun.

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Post ID: @dycx+1gPrlM66

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