The typical layoff cycle is early Feb, usually a Thursday, you can check the public event calendar and EBC schedule and they block the week of a formal layoff so they don't run into losing speakers. Last year they pushed to May, none of the leadership plans were ready. In general Netapp is in constant layoffs these days with rotating cycles through teams... Expect Cloud teams to merge with the core sales team to drive some cuts, especially in redundant leadership, channel, alliance, marketing and sales ops teams etc. The selection of resources to cut is a political process with leaders sitting in groups reviewing the layoff lists based on performance and then pulling their "friends" off the list and replacing them so hard to predict, but usually teams being impacted and leaders being impacted have open schedules so check the calendars of leaders and see if they have dropped off. If a leader goes, their team is usually hit hard. Being new is probably an asset as cutting legacy employees and salary mass is usually an objective.
As always, update your resume, refresh your network inside the company and more importantly outside the company. Once your on the list it is extremely difficult to get off the list and you lose the internal network. Big mistake is to assume you are ok or over invest in your internal relationships. Cloud companies are hiring, Storage companies are hiring (Pure , Vast, Weka etc) with much better cultures... There are jobs out there but make sure you are in a position to find them and valuable to them.
Good post from @ahrl+1kqoerkp.