Thread regarding NetApp layoffs

The problems that NetApp faces are much deeper than a PS haircut can solve

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 problems that NetApp faces are much deeper than a PS haircut can solve. Customers are moving to cloud. On premises sales are dropping. NetApp's competitors have the exact same problem, so it's not NetApp specific. The old channel and partner plays to sell a box just aren't working. NetApp needs to adapt to the new reality to survive, or just roll over and die. Old habits die hard, so I think there is a lot of pain in the future for NetApp until they can figure out how to adapt to the new normal.

Good point from @10nga2nC-8ptk.

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Post ID: @OP+10wiUVnN

5 replies (most recent on top)

I agree completely. I predict NetApp will continue to report losses unless they cook the books even more. If there is one more quarter of great results, it will not prove to be true. NetApp is dying.

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Post ID: @6mns+10wiUVnN

How many times have we heard that the problem is not enough sales reps? At least 3 years now... If 200 reps are needed why weren't they in place long ago? Because NTAP upper management doesn't have a clue and are forever behind the curve. That is a formula for fading into history.

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Post ID: @6xow+10wiUVnN

Hiring 200 new sales reps will not save NetApp. One of the biggest problems with the sales team is the fact they can’t close a sale without the assistance of a SME or PS in general. They opted to lay off most of the expert SME and PS resources. They are continuing to be the worst employer in the valley and this forum is full of reasons why everyone should not work for NetApp. NetApp is dead. Why would anyone buy NetApp today is beyond me.

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Post ID: @6slv+10wiUVnN

not executing gets old after 5 consecutive quarters.......they should have executed some of their leaders a while back....action plans w no results...a deadly error for a slow turning boat w anchor down....

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Post ID: @3wjg+10wiUVnN

On premise Sales are dropping for all Data Storage providers, correct statement.
However, if you listen to today's investors conference call, George Kurian mentioned NetApp did not execute either, 1/3 of the reason why original Q1 financials were revised.
During the call, he also mentioned some top tier managers are retiring/leaving NetApp AND hiring 200 new Sales reps!

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Post ID: @2waf+10wiUVnN

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