Thread regarding NetApp layoffs

Read the tea leaves

Sequential decline in revenue for years now. Compensation model modified. Employees outsourced or reassigned to other groups. Skilled employees jumping ship. Stock price on a permanent downward slope. Board members being added.

The company is swirling around the drain. FAS = SPARC. NTAP = SUNW. Escape velocity can no longer be overcome.

by
| 3879 views | | 17 replies (last )
Post ID: @OP+15bCkSNb

17 replies (most recent on top)

Wait, how do you read a tea leaf anyway?

by
|
Post ID: @cyij+15bCkSNb

All of the bully pulpit comments are getting tiring. The hard questions arent being asked. Like why are subgroups being moved off the balance sheet. What are the metrics and why is it happening. I would suggest that for now the Titanic is being bailed with small buckets. What is long term strategy other than keeping the stock price from failing to zero.

by
|
Post ID: @bmfn+15bCkSNb

Are you new to the tech industry? Companies get acquired all the time and if employees are retained, it's not a layoff. It's absurd and plainly wrong.

VMware just acquired Lastline and laid off 40% of their employees. THAT'S a layoff. You might not like the acquisition and working for a different company but that's what you sign up for when you work in this industry. You can whine all you want but you still have a job.

by
|
Post ID: @bbzj+15bCkSNb

Yea I feel you. Dic—ad managers walk around promoting (their own) ‘leadership’ as if that’s what matters or they got a clue. Its the people doing the actual work and innovation that keep the company going. The so called ‘leadership’ should be looking out and taking the advise of their people instead of getting rid of them as a means to protect their outrageous salaries. Hard to blame them - old snakes that have been around and continue doing the same thing that put them in their position to begin with. Company could use a nice purge of the old farts to change direction somewhat. It wont happen because the no one has the balls...get rid of your own and buy others via acquisitions seems to the trend. Tough market for commodity resellers.

by
|
Post ID: @bwlo+15bCkSNb

Wow your spin on truth is pretty condescending. You didn't reach out to the team as i never heard from anyone going isn't this great. You keep claiming it wasn't a layoff since we are now partners and AWF employees but Yes it was a layoff we had two days to decide take a job or be without one. The be without one is pretty clear so you relied on the fact that much of us didnt have much of an option.

The benefits are less, all my saved up vacation time is gone and who knows how long before we get cut at the other company. The 5 year contract doesn't mean they will keep me for 5 years.

by
|
Post ID: @asas+15bCkSNb

LOL troll, justifying your $hitposting by referring back to LAST JULY? And again, having a small unit sold to another company is not a layoff and the people on that team didn't think of it that way. SO keep whining, keep twisting reality - it's amusing.

Now, get busy downvoting this post, you clearly have nothing else going on.

by
|
Post ID: @8qnp+15bCkSNb

Spare us the indignation troll, the WARN act is only required if 50 or more are impacted. Ask any of those impacted July of last year or those conveniently moved to a partner last month. If you got a severance you got laid off.

by
|
Post ID: @6qjf+15bCkSNb

Doesn't that make you a troll too? I've read both comments and it seems you've contributed nothing specific except throwing shade?. I'm all for hearing opinions.

by
|
Post ID: @6fyj+15bCkSNb

About trolls: the same person that keeps $hitposting about NetApp here is clearly not a NetApp employee and doesn’t reference any actual layoffs, it’s just competitive junk. That is trolling. It’s also just a single person who reloads a page, upvotes their own post and downvotes others. We know this because the votes ramp up and down within 5 minutes, not over time as you would expect with casual readers. So spare the nonsense that this is a place for self reflection and criticism, you are a troll simply criticizing a competitor anonymously. This is a site about layoffs and the truth is there haven’t been any WARN layoff notices on NetApp in a long time. Period.

by
|
Post ID: @6rzg+15bCkSNb

"Here's The Thing With Complacency

People rarely think their team or organization has it. It’s easy to see complacency in others. It’s hard to recognize it in yourself.

That's why it's such a deadly threat. By the time you recognize it in your company, it’s often too late."

Tom Mendoza (2013.....and occasionaly repeated during allhands) https://www.forbes.com/sites/netapp/2013/07/25/complacency-k–ls/

by
|
Post ID: @6lru+15bCkSNb

To the ignorant who keeps posting about trolls ..... the prime tenant of self awareness is the ability to process criticism for truth.

by
|
Post ID: @5mkh+15bCkSNb

NetApp should merge with HPE. That combo can probably save both companies.

by
|
Post ID: @4bae+15bCkSNb

I thought this forum was designed to discuss layoffs or the events that might lead to them. If any opinion that sheds a negative light on our future is construed as a "troll" it makes me think that the company is a cult. All of us should be paying attention to the criticisms. There is certainly more than enough cool aid already.

by
|
Post ID: @4qic+15bCkSNb

Trolls gonna troll. Can only guess it's the same loser who couldn't cut it at NetApp so keeps $hitposting here and re-likes their own comments to make it look like these are widely held beliefs. How proud you must feel behind your anonymous keyboard with so little self awareness.

by
|
Post ID: @2wrp+15bCkSNb

I believe that the upper management at NetApp is way more clever than Schwarz and his staff was. After 2005, and once the large servers didn’t sell anymore, Sun had no more products to offer for a world hungry for virtualization. But we‘ll see...

by
|
Post ID: @1fgh+15bCkSNb

It's not knowledge. It's fate. You have the same belief in George Kurian that SUN employees had in Jonathan Schwartz and the soldiers had in Custer. SUN was a much much larger and influential company than NetApp will ever be and it swirled down the drain. Caveat Emptor.

by
|
Post ID: @1tic+15bCkSNb

Haha - No one knows enough to be such a pessimist!

by
|
Post ID: @1tcv+15bCkSNb

Post a reply

: