Thread regarding NetApp layoffs

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 strategic moves. Acquisition rumors around NetApp aren’t new and seem to resurface every few years, but the current environment has people paying closer attention than usual.

From my perspective, the bigger concern is long-term growth and leadership’s ability to scale the business meaningfully beyond its current trajectory. With another round of layoffs expected next week followed closely by earnings, it’s understandable why employees and investors are reading into the timing and looking for signals about what may come next.


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| 11 views | | 7 replies (last 24 days ago) | Reply
Post ID: @OP+1krp04kym

7 replies (most recent on top)

With all the layoffs hitting development teams it feels like there's more weight to this rumor now.

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Post ID: @wg+1krp04kym

These buy out rumors have been swirling around since the early 2000's. It was IBM back in 2006 and then Nimble and then Cisco. Any day now is the running joke if you work there.

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Post ID: @rv+1krp04kym

Work at netapp. To be honest, Cisco acquiring them made a lot of sense, though it’s been a “might happen this year” thing for many years and now today I’m not so sure it would work. Probably the netapp CEO ‘GK’ and his brother in Google Cloud has something to do with it. Anyone remember the heavy “Cloud Specialists” marketing that’s now something dealing with AI? Hate to say it though I’m not really sure what netapp has of value to offer to be acquired especially in this ai wave.

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Post ID: @ca+1krp04kym

@a6 Check out the Cisco thread in this site.

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Post ID: @ba+1krp04kym

@a6 any day now[1]!

[1] For the past 10+ years.

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Post ID: @ar+1krp04kym

@a6 Nobody wants to buy NetApp. They would rather pay for the storage as a commodity so someone else remains accountable. This fantasy of Cisco or Broadcom buying out NetApp has been around for years. I'll believe it when I see it.

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Post ID: @ac+1krp04kym

Yeap, Cisco is going to buy us any day now!

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Post ID: @a6+1krp04kym

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