Just received emails from several colleagues impacted today. Good luck to everyone in the US today.
33 replies (most recent on top)
I already left the building. I forced a parachute of nearly $100K. Good riddance to all of you scum bags.
To the previous poster, please go ahead and retire and allow brand new employee an opportunity at NetApp.
It's unfortunate you are waiting for a package to retire. I'm sure you've made your money so enjoy a stress-free life.
We don't need any more dead weight at NetApp, we need go doers!!
There is a lay-off every month. They aren’t announced. It is clear to me leadership is lost and or left the building. I’m no longer working and waiting for a parachute. Ready to retire. Good luck to all.
Poorly managed company. Much has to do with how bad finance is. Maybe the CFO will be let go next since he clearly cannot make promises on results he can keep! Imagine our ability to attract talent to this sinking ship?
Considering some accounts still haven’t received goal sheets yet for FY20, is it really far fetched that sales are down?
Revised Q1 numbers are indeed shocking, unbelievable!
I agree with previous replies, let's get rid of all the dinosaurs in Sales and start selling solutions.
There goes our ICP for FY2020.
what a laugh that someone here posted more excuses like the quoting process complexity. You could quote on a spreadsheet if you had to,....assuming you had a customer that wanted to buy. Sooner than later the sales organization will finally be held as the culprit because they never transitions to solution sales like every other tech company. We have a dinosaur running sales and a bunch of entitled SVP’s what did anyone expect on sales? Get out. The end is near. A bargain basement fire sale.
The Q1 results are indeed shocking. With reduced yearly forecast, are more job cuts coming?
The SE’s salaries were reduced and they’re now on capped commissions. Quite inspiring!
Did leadership cap their salary?
I’m sure capping the commissions will get us past that mark
We are simplifying our quote/selling process to be more competitive. We are simplifying our offerings to reduce complexity and costs. Several Sales reps have expressed frustration about our quoting process and product complexity. This is why we've been stuck in the $6B per year Revenues for the last 5 fu%king years. We need to breakout past this boundary and move to the next level of double digit Revenues!!
The writing is on the wall. The company is priming for an acquisition. First task is to reduce Opex, followed by simplifying their selling process and products. All while the stock price drops and hovers close to where Nutanix is at currently. Possible suitors will have their pick of the litter in storage companies. When your founder, chairman of the board and CMO. Along with a dozens of AVP roles, leave the company. What does that tell you? How many more signs do you need as an employee to find something else? Life is too short to work for an organization like this. Definitely not worth the stress.
Give the new chiefs time to get things in order? Are you serious? You are either brand new to NetApp, or one of the managers who isn’t at risk to be fired. NetApp is pushing everything to the channel, so get out if you aren’t a manager who can transition to a channel partner manager role or in software development. PS and Sales are dead, support will soon follow with outsourcing every tier to partners. What for the severance, or get out now to a better company where you won’t have the flood of 1000 NetApp layoffs competing against you.
To the previous poster, give the new chiefs (Sheila and Tom) some time to get things in order.
NetApp must continue to transform in order to compete against Pure and Nutanix.
We need to start increasing our market share and get passed our $6B per year Revenues!!
Who would stay working for a complete ignorant SVP in Sheila? She has never managed many let alone this type of group. Oh but I’m sure Tony Lam who knows all will fix it all! What a disaster this place is. Get out now!
Tom Schroeder and Gordon Lam are out too. Looks like the professional services team is in complete disarray.
It looks like they are looking to phase out PS entirely. If you work in PS or primarily serve PS you should be looking for a new job. Don't wait unless you just really want the severance and think you can get a new job fast.
So which groups/teams were in impacted in Sunnyvale?
How many layoffs does that make for 2019? I know there has been 2 for sure but water cooler conversation said it was the 3rd... This is just crazy
In response to the question "Why not give the employees the opportunities to apply for these opening positions before bringing outsiders that know nothing about NetApp?"
The simple reason is that they can hire new people for less.
If they felt you were valuable enough to save they would have offered to move you before the layoff.
I know that's a bit harsh, but it's true.
Some groups have done that in the past if you were "strongly advised to pursue other roles within NetApp." For the rest, it's an immediate cut with no transition, mid-project delivery, and with no regard to impact of current operations. Radio silence is business as usual from management unless you're affected.
NetApp is laying off, but is also hiring.
Why not give the employees the opportunities to apply for these opening positions before bringing outsiders that know nothing about NetApp?
Retain employees please.
Sorry to hear about the big layoff today. Feel bad for GSDC and other groups?
How many people impacted WW or what percentage overall impacted, any numbers out there?
- P. from Engineering
GSDC in RTP took a big hit.
Sunnyvale always has layoffs, but it's important to note that the more they layoff in Sunnyvale, the more the field is directly impacted globally. Sounds like Engineering took a serious hit. Baffling to me if we are getting rid of innovative staff within engineering.
Friendly reminder of the delusional leadership at NetApp. It seems their number one goal of building a company that they will always be proud of seriously missed the mark as their interests shifted from private to public. As legacy founders depart, the ship will continue to sink. Good riddance. NetApp stock deserves to be shorted until its death.
A bunch of engineering people in SVL as well.
Hearing a lot about PS folks across the country, engagement managers - even in globals getting hit.
Professional Services is also taking a hit. Don't have numbers yet.
I only know of SVL.... Support roles, direct Sales & channel. Brace yourselves.
Physical locations? Global depts?
I know svl eng got hit.