Thread regarding NetApp layoffs

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 way to increase cash flow now is a massive layoff.


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Post ID: @OP+1m1jb6d24

5 replies (most recent on top)

stock price was crushed?

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Post ID: @2p1+1m1jb6d24

Gotta get that exit liquidity up before the crash!

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Post ID: @17f+1m1jb6d24

I guess I’ll get hater thumbs down for this.

Idk what you are talking about, it seems that a high level netapp has it under control, though only so much you can do to appease the investor crowd.

No it’s not crashing. It’s slowing climbing. And I”m okay with that.

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Post ID: @eh+1m1jb6d24

So all the job listings for Europe have vanished on the official netapp career site

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Post ID: @cm+1m1jb6d24

Or... Ya know.... This
https://www.visir.is/g/20262929421d/skrif-stofa-netapp-a-is-landi-logd-nidur

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Post ID: @a2+1m1jb6d24

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