On finance.yahoo.com, we can see more than 10 law firms are calling investors to take Class Actions because of the stock price drop: On this news, the Company's stock fell from $57.71 on August 1, 2019 to $46.04 on August 2, 2019- a $11.67 or... — read more
Topics regarding layoffs at NetApp
I believe that the twin Netapp inherited from Oracle never has understood what Netapp was all about - and that is where most of the current problems started ! Not fully understanding the basic business (storage) and getting blinded by the cloud... — read more
Read the article at the URL below. https://seekingalpha.com/article/4286671-netapp-irreversibly-damaged
Maybe they will survive. With Joel and Stanley out, they may have a chance. Time will tell. NetApp is such a hot mess I can no longer short the stock. https://www.crn.com/news/storage/netapp-bids-adieu-to-two-more-top-executives
What do you guys think? anymore layoffs? hiring freeze?
With the all hands coming on the 15th of August, I suspect the layoff action will start within a week of that date if it has not already started. In my opinion, the layoffs should start with Henri...
Some good news for NetApp. NetApp's CDS Unit is growing tremendously, another AWS!!
PS has a cycle. It's a low margin business, so every time it starts impacting the bottom line it gets cut. The the business figures out they need PS to close deals. It happens at NetApp, It happens at Microsoft,, heck,,, it happen everywhere. The... — read more
Is more coming in US? Is it happening only in US or other parts of it as well?
As I review this forum it amazes me the ignorance of some of you. Why would you continue to work for such a horrible company who doesn’t have any apparent ethics when it comes to staff. You all complain, but you stick around. You are the problem... — read more
Not good!! http://investors.netapp.com/events/event-details/netapp-reports-preliminary-first-quarter-fiscal-year-2020-results
Big layoff today at NetApp. Was Bangalore site (NB) impacted? This is horrible!!
Just received emails from several colleagues impacted today. Good luck to everyone in the US today.
Any thoughts or comments about our former CMO leaving for Palo Alto Networks in July? Good, bad, no difference?
My ICP is supposed to be around $10K as per the ICP letter that i received. However the actual payout in my bank account is around $3500? What’s wrong ?
When can we expect it? We know it's coming, it would be really good to get more info on when. Waiting and not knowing is raising my stress levels tenfold. I have a feeling they are doing this on purpose: let's make sure morale is down and people are... — read more
Another big transformation is being planned in US. Folks , if you have an offer, jump the ship before it sinks!!
Yes, it’s a fact that NetApp has embarked on one of the most vast transformation efforts of our time. The desire is to present the full customer experience through our vast network of value added resellers and partners in general. The end result is... — read more
https://www.google.com/amp/s/seekingalpha.com/amp/article/4266224-netapp-storage-dinosaur-starting-bleed That article pretty much summarized what I’ve seen internally for the past four years. Sales teams are missing quotas and its only going to get... — read more
Sorry to say, these layoffs are the most difficult I’ve seen in 20 years. Performance ratings have been low for a reason with planned attrition, but through force of another plan, layoffs will happen and impact sales teams throughout the USA.
Thank you NetApp for being so stupid and screwing your top overachievers. We at Pure Storage have our recruiters working overtime to provide them a safe landing spot where they can make millions
Someone else posted in a thread about this topic and I’ve discovered this is true on my laptop. Corporate IT has deployed utilization monitoring tools on all computers connecting to the corporate network at NetApp. They want to know where staff... — read more
I can't believe NetApp has laid of 2500+ people just since April - it would be very noticeable. I have not noticed or known of a single layoff, but I do hear that there have been some very small impacts. 2500+ people? That's almost 25% and us... — read more
You know things are not going well when managers who have it made here are leaving NetApp for greener pastures. I know of two who quit in the past month. If anybody was waiting for a clear sign that it's time to leave this place - that certainly... — read more
Since mid-April, NetApp has laid off 2500+ resources. No notification required at the fed level. They give notice, terminate and pay continued benefits and wages for a time frame of 30, 60 or 90 days based on time of service. That’s no company to... — read more
Hello Can anyone suggest IC4 salary in NetApp IT, Raleigh location — read more
How many interested parties would be willing to join a pending suit against NetApp? Keep in mind they will claim we were highly exempt, but the bottom line is they refused to pay us overtime because we were salaried however, our clients were charged... — read more
Now that we know the ICP rate %. How is the ICP calculated? I believe its based on your base salary plus the grade you received. Could someone give me an example ?
Left by choice 2 years ago. The $ was good and there was no threat to my job, but my health and sanity were suffering. I can’t work somewhere when logic doesn’t apply. All the good people were gone. Much happier now. I’m very grateful for the good... — read more
Is NetApp in the running for the company with the most toxic work environment? Worst managers? Worst culture? Which is it? Because there has got to be a reason for why our work life has turned into hell in the last year or so. And I'd really like to... — read more
What is the average salary hike in Netapp? How much percentage increase have you received in previous years (please specific your base salary to compare the salary hike %)?
What are the expected ICP for this year when results are out this month? As these are based on your base salary, how much can you expect if your performance grade is 2 or 3 or 4 or 5?
Somebody at the office mentioned that as an option, but it seems like a pipe dream to me. Why would NetApp be willing to negotiate severance when they're not even obligated to provide it in the first place? Am I missing something here? I'd be glad to... — read more
These small layoffs are nerve-wrecking. At least when it's a major round, we know it's coming and we know it'll end in a day or two. This has no beginning and it has no end - just a never ending source of stress and anxiety. This is not good for our... — read more
Redundancies happened yesterday and today, I think all those being cut will know by now. I know 2 cut in Bellevue and few others, all reps in sales. Does not feel a BIG culling this time. There's still time for it keep going, surprised it started on... — read more
I'm ready to leave NetApp, I already have a few job interviews lined up, but I'm still very nervous and hesitant to make that final decision to leave even if I get one of the jobs. I'm wondering, has anybody who left on their own - not taking about... — read more