Just received emails from several colleagues impacted today. Good luck to everyone in the US today.
Topics regarding layoffs at NetApp
Any thoughts or comments about our former CMO leaving for Palo Alto Networks in July? Good, bad, no difference?
Have been hearing rumours since the beginning of this week about layoffs ( Bangalore) Infact heard some biggies too travelling to India next week. Have a sudden all hands by Kurious and 8-vian in the middle of next week. Some teams were asked to fill... — read more
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!!
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
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
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
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
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.
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
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
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
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 ?
Big layoff today at NetApp. Was Bangalore site (NB) impacted? This is horrible!!
I think almost 1000 were let go, given our relatively big size (12K+ employees) this is not an earth-shuttering cut, but it was felt throughout the organization as each of us knew at least one person who got cut. Now, 2015 will be even more... — read more
Ouch. 500+ let go today at NetApp. 3rd time in 2 years. Will that fix what is wrong with NetApp?
2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry Network Appliance: Global Employee Count: Layoffs: 12,800: ~15% layoffs= ~1,800 workers to be laid off Oracle: Global Employee Count 132,000: Layoffs: ~20% layoffs = ~26,000 workers... — read more
Management is going through what is being called a "transformation" exercise. Should be completed by end of February. Expect to see big changes in sales (different ways to experience sales and support depending on how much you're willing to spend)... — read more
12% of workforce, charge of $60m-$70m. Most done in fiscal Q4 (Feb-Apr) https://www.sec.gov/Archives/edgar/data/1002047/000110262416002144/netapp8k.htm — read more
Too many bosses, redundant layers of management, decision making paralysis - what can you expect? Layoffs will continue forever here, really I do not see any bright future and will be moving on on my own... Good times are over, you can save that free... — read more
I am sorry that you have to go through another round of job cuts - I am not with NetApp any more but I was a contractor there a few years back and I truly liked the team overall. I had a chance to convert to FT, but I always felt that the product was... — read more
About three weeks ago, a recruiter told me that "at least a 10% layoff" would be announced on the same day they reported earnings. I have no idea how he knew that, but he was spot on.
Check out this post (on this NetApp page on layoffs.com) - it was posted on 1/28/2016 and it states that a 15% reduction is coming - many of us knew this - here is the link: @FFW9gVo
On February 17, 2016, NetApp, Inc. (the "Company") committed to a restructuring and reduction in workforce to streamline its core business and reduce operating expenses. In connection with these actions, the Company expects to reduce its worldwide... — read more
Nutanix has been poaching from West Coast sales. They pay each employee $7,500 per placement. — read more
May the odds be in your favor!
Q4 end is 4/30. 4/30 - 3/1 = 61 days. If they send out the notices on 3/1, this would give everyone full benefits (not just partial month), provide 60 days of termination notice before Q4 end, and also would fall within what GK promised the market on... — read more
I left a few months back and now use Amazon aws on a daily basis. There is no comparison to an on premise solution. For 80% of the workloads, Amazon beats anything on prem in terms of delivery time and if you are careful cost. This is one of those... — read more
Getting rid of perks is not the answer to keeping jobs. There is a fundamental issue with the core of this company. This won't be the last round of layoffs. I'd expect another one same time next year, if not later this year, because as the company is... — read more
Coming to work everyday is like living a bad dream..... No official updates yet. I dont really understand what he was meaning when he said "This is going to be very transparent and professional this time around".... What the heck, people have been... — read more
I heard from multiple sources that a couple managers in support were escorted out today in Wichita. Has the bloodbath started?