Thread regarding NetApp layoffs

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July (small) and Sept-October (bigger)

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Post ID: @18y+1ks381ycc

based on last 2-3 years. Likely June and July for the same layoff. and October-November for the bigger layoff.

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Post ID: @n1+1ks381ycc

Everyday there will be layoffs.

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Post ID: @et+1ks381ycc

3 months. Right on schedule.

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Post ID: @e0+1ks381ycc

@ax looking at the wider tech market wave after wave of layoffs - even when revenue and profits are up (Oracle/Meta/Salesforce/Bloc/Amazone/google/Dell/etc/etc.) The last 12 months have been brutal. So my take on it all is that there will also be further Netapp layoff waves in the next 12 months. I hope I am wrong! But that is my thinking. Just look around, we are not siloed..

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Post ID: @cw+1ks381ycc

As long as the cash flow number looks good, you can expect to hear rumors in Oct. If cash flow is trending down, sooner.

Also if your product fails.

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Post ID: @ax+1ks381ycc

Major layoffs usually happen twice a year. Near Converge, and near Thanksgiving. You are good for another 6 months.

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Post ID: @ap+1ks381ycc

Probably Septemberish.

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Post ID: @af+1ks381ycc

Today and every day in the future.

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Post ID: @a7+1ks381ycc

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