Calm before the storm. Major IT projects at selected sites cancelled. HR and VP's traveling to sites
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Right outta the mouths of management: This is not a RIF. The people being layed off, will be offset with new hires. Based on names and positions, looks like the expensive old timers are being shed for offshore, cheap new-hires.
To @KavlrpA-zap:
I guess you don't travel much?
I travelled to Europe for pleasure, not business.
To change my flight because I wanted to come home early, it would have cost me $5K. And that was to only come back one day early.
I said F*** that, and stayed in Hamburg for one more day. It was way cheaper, even with another day of hotel charges.
$7K is not out of line for airfare changes. Plus it wasn't his fault that he got sent to Germany, then got fired while he was there. Couldn't Netapp just have waited until he returned? Which is what ultimately happened.
From a German who got cut to the German posting already. Where the hell have you been that a flight and hotel change would have cost 7k ? That smells like you have beeen part of the community wasting our money anway and contributing to the situation the company is in now. To many useless and meaningless travel for absolutely no reasion but private pleasure...
VP of PS came into RTP today had meeting with managers... Hrm... VP is also here tomorrow go figure.
To the guy who was RIF'ed in Germany: Ha! Typical Netapp, send a guy on an expensive trip when you're gonna cut him anyhow. Well, I hope you landed on your feet, and in the meantime you got to enjoy one of Netapp's famous "Working Vacations."
Ex-netapper heard the rumors so I came to check it out. I was in Germany when I got cut. The invite came after I went to bed and I never bothered to check email because I was rushing to get my day started and I was afraid I was going to end up on the other side of Germany. I got a call from HR asking where the hell I was and they told me to take the first flight back. I got the flight change price and what the early room cancel fee would be when my boss called and told him it was going to cost about 7k. He told me to VPN in to lock out my laptop, treat myself to big a-- meal, then enjoy myself the rest of the week because they weren't going to pay that to ship my a-- back. It was weird, I was doing a ton of fun stuff but still had that oh crap what am I doing next thing in my head.
Brocadcom is buying Brocade but really Avago(Singapore originated) buying Brocade.
Samsung!
Brocade and a chip company are merging...
My major clue on 3/1 was when they cancelled my travel to a customer.
I didn't see many other clues besides that. Managers have to sign documents saying that they won't talk, so don't expect anything to come from them.
May be a shipyard ;-)
Joking aside .. what about Oracle, Cisco, Fujitsu .... may be there is mercy....
It is clear sign of M & A. But the question is who would buy the sinking boat?
Any insight into potential impact? which group/location?
Is it a clear sign of M & A ?