Thread regarding NetApp layoffs

NetApp is now in free fall

The next shoe to fall will be a product line. StorageGrid, legacy Engenio and other non-core non-cloud products.

We wasted hundreds of millions on Solidfire. The decision makers who facilitated that acquisition should all be fired ..... Including Kurian who has now become the worst CEO in NetApp history. Let's also not forget about the MSFT retreads who were paid exhorbident compensation and contributed nothing

Finally shame on NetApp product engineering who have not innovated in a decade due to their insular ego driven decisions. Many years ago someone commented on an internal discussion forum that hubris would ki-l NetApp .... They were spot on.

by Anonymous
| 2413 views | | 9 replies (last February 23, 2023) | Reply
Post ID: @OP+1kZfL014
Comment! It's anonymous!

9 replies (most recent on top)

SF actually wasn't that bad of an acquisition.

As opposed to MARS which was released at the time of program cancellation ... because The WAFL Mafia feared for their livelihoods? Yeah .... mmm ... 'kay!

That was the beginning of the inevitable descent into irrelevancy for Netapp.

by Anonymous
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Post ID: @locr+1kZfL014
SF actually wasn't that bad of an acquisition.

Hahahahaha. $870M down the tube, not counting post-acquisition cash burn!

by Anonymous
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Post ID: @lhqh+1kZfL014

SF actually wasn't that bad of an acquisition. NetApp weren't seen as a flash company and we were getting trashed for being legacy and the purchase of SF ended that. People thought we'd drop ONTAP for SF but that (obviously) was never going to happen. Agree re On-prem - how you can take your eye of the ball when it pays 85% of the bills is amazing - will take at least a year to catch up. HCI was a joke and when we released it the market we targetted it for was a niche within a niche - no chance whatsoever of surviing. Finally, a customer who purchased 2M of orange rubbish told us we weren't invited to bid because they thought we were a cloud company!!!!!

by Anonymous
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Post ID: @4zqs+1kZfL014
For NetApp, ONTAP is the future.

HA HA HA HA HA LOL! ONTAP is a little long in the tooth, eh?

by Anonymous
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Post ID: @1zcm+1kZfL014

@ine+1kZfL014 : totally agree with you, that's one of the reason I've disagreed with NetApp with their cloud strategy and I left 4 years ago to concentrate on On-premise product elsewhere, I always believed that it was kind of bubble, now it's one option among others. When they make pay you egress cost for the data that belong to you, it's like paying to get your cash in your bank account.
Microsoft people coming at management level was also a bad sign. What do they've brought ?

by Anonymous
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Post ID: @oia+1kZfL014

For NetApp, ONTAP is the future. SF and E-Series products will be winding down.

by Anonymous
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Post ID: @hrg+1kZfL014

I really thought E-series was an amazing product. It’s too bad what they did to it.
Same - I think cloud is not so popular.

by Anonymous
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Post ID: @rdv+1kZfL014

SolidFire was never a good purchase, and was too little too late to jump into the HCI pool. When the announcement came GK said something like 10% of engineering resources for 1% of revenue. So it made sense to shutter that one.

by Anonymous
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Post ID: @hkp+1kZfL014

Obviously the on-premise business is coming back stronger than anticipated - and with the outdated product lines NetApp cannot compete anymore. Looks like management did not see this coming because they have some bird-sh-t in their eyes (from watching the sky and all theses clouds).
Engineering is now blamed because they did not deliver. But how can you deliver when all the resources are smoking in the cloud?

by Anonymous
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Post ID: @ine+1kZfL014

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