Or will this continue throughout the week?
NFL and Formula 1
The only reason we are sponsoring them is because the executives get free lounge and box access for free. So much for being "good stewards", "shareholder oriented" and "value creators". Couple this with free private jets, it's one never-ending party... — read more
Were higher-paid employees specifically targeted?
It's obvious that performance wasn't criteria for this round, so I'm wondering what was. Judging by the ages of those affected, I'm guessing pay played a significant role in determining who to put on the list. I could be wrong, though, and it could... — read more
Total #?
Folks are floating numbers from 500 to 900... Somebody posted a 20% claim - it was disputed in concert. No consensus or official total...
5/19 Board Sentiment
Fear / uncertainty Approximate presence: High before and during notifications Examples: Questions about emails “1:1s” Worry about notifications Anger / betrayal Approximate presence: Very high Examples: Criticism of... — read more
Which is it?
What about EMEA/APAC/India??? Some say other regions follow - one reply says EMEA was already informed - another says Americas only. Which is it?
Are we eligible for annual bonus payouts?
I wad impacted today after being at the company for 5 years. The one question I forgot to ask was around our annual bonus payout. Since it appears everyone will still be on payroll and “employees” until 60 days from now (July 18th), will we be... — read more
NetApp Tops of the Layoffs Leaderboard
https://x.com/TheLayoff/status/2056862351513866483
I received an invite with skip
I guess I'll find out what's going on tomorrow morning. Color me shocked
Are remote employees targeted?
After more strict changes for RTO (Thrive Together initiative) It seems remote people are being targeted more than office people in RTP and NANE locales, anyone else seeing that?
Are all notifications out?
Can we consider ourselves safe if we didn't get anything by now?
Yet again
I lost count of how many layoffs have happened in the past 8 years. Today's is the worst. Our already skeleton crew was cut in half. All of us are already over worked. This place is going to be a disgruntled sweatshop in day or 2. And they layed of... — read more
WHY IS THERE NO COMMENT FROM GK?
Dude you orchestrate these layoffs every quarter and you don't have the decency to make a comment or justify your decisions. These are REAL LIVES that you're impacting. They need to have a layoff at the csuite level.
NetApp Executive leadership accountability is LONG OVERDUE
Days like today are always tough. When smart, hard working and loyal, good people get let go from doing their jobs to assuage the hubris at the top. Every single layoff has a personal and professional impact. I think there is growing frustration at... — read more
This doesn't look like a huge round
But I am noticing that those affected are mostly 50+. Not a good look for the company.
Severance
Anyone knows severance information?
Prod ops big hit
Shyam org got a big hit
Layoffs in netapp
Silent layoffs of big amount of senior engineers
Tracking thread
If you are affected please post your org and years of service
It has started !!
First invitations for 1:1 are just got send out.
Nvidia Buyout
I have a theory that Nvidia is going to buy out NetApp.
Lunch money
https://www.stocktitan.net/sec-filings/NTAP/form-4-net-app-inc-insider-trading-activity-d08f092e431a.html While we stay up overnight wondering if we have a job.
Where can I find info on severance?
I just want to see if they made any changes since the last round.
Confirmed for tomorrow
Training on going. We all saw this coming. Hope everyone is safe tomorrow.
Any updates?
Nobody around me has been notified yet.
When can we expect emails to start going out?
Probably not before tomorrow morning?
Heard it will be cloud / sales heavy
As the title suggests, rumor in my dept is it will primarily be people on cloud teams and sales.
Try to enjoy your weekend
No matter what. Worrying won't change a thing next week.
DDAY MONDAY OR TUESDAY
GOOD LUCK ALL!
Any updates on the rumored layoffs next week?
It would be good to know what to expect. I'm worried about this job, like many of us are. Not out of love for it, but because it's really difficult to find anything else these days.
Has NetApp been postering for acquisition this entire time?
There’s been a lot of speculation lately around the company’s direction — reduced benefits, PTO changes, restructuring, workforce reductions, and broader efforts to improve financial performance have naturally fueled conversations about potential... — read more
Any truth to the acquisition stock spike yesterday?
So the stock spiked to mid 120's and I see rumors of someone wanting to .... erm... what's this BUY netapp.... ffs who would be D-MB ENOUGH?? "There's some takeover speculation around NetApp (NTAP), according to a Betaville "uncooked" alert... — read more
Primary impact will be sales
Likely a week from today
I won't be too upset if I'm laid off
How much worse can it get than the situation I'm in now? Constantly worrying about cuts, dealing with an abusive manager who thinks fear is a legitimate managing tool, and being significantly underpaid compared to market. If I'm laid off, I'll be... — read more
Is the expected impact 6–8%, 20–40%, or limited to a few products?
Posts are all over the place. Thoughts?