With all the negative pr intel got from their layoffs i think management here is done with layoffs for the rest of the year.
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Some sales folks got laid off this week.
You are never safe at NetApp.
Sure you are
$6.5 billion revs for 12000 employees, 541k per employee.
Probably needs to be $750k+ at least.
Year of efficiency.
Non producing business units need to be cut.
Wall Street would like targeted cuts at NetApp because it would drive operating margins to 30%+.
Intc is fighting for its life and Wall Street now having "going concern" thoughts with $50 billion in debt.
Netapp balance sheet in great shape.
Dell/EMC planning huge layoffs starting next week it sounds like.