On February 17, 2016, NetApp, Inc. (the "Company") committed to a restructuring and reduction in workforce to streamline its core business and reduce operating expenses. In connection with these actions, the Company expects to reduce its worldwide... — read more 

12% of workforce, charge of $60m-$70m. Most done in fiscal Q4 (Feb-Apr) https://www.sec.gov/Archives/edgar/data/1002047/000110262416002144/netapp8k.htm

Management is going through what is being called a "transformation" exercise. Should be completed by end of February. Expect to see big changes in sales (different ways to experience sales and support depending on how much you're willing to spend)... — read more 

2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry Network Appliance: Global Employee Count: Layoffs: 12,800: ~15% layoffs= ~1,800 workers to be laid off Oracle: Global Employee Count 132,000: Layoffs: ~20% layoffs = ~26,000 workers... — read more 

Ouch. 500+ let go today at NetApp. 3rd time in 2 years. Will that fix what is wrong with NetApp?

I think almost 1000 were let go, given our relatively big size (12K+ employees) this is not an earth-shuttering cut, but it was felt throughout the organization as each of us knew at least one person who got cut. Now, 2015 will be even more... — read more