Can it really get that much worse if you change companies than you have it right here? NetApp was a cr-ppy place to work for a while now. Personally, I would see being laid off as them doing me a favor. I know the severance is not great but it's good enough to help me through the time I need to get a new job. Instead of being afraid of layoffs, you should welcome them.
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It all depends on your situation. NetApp pays pretty well and honestly the job market right now is not the greatest. If you happen to be in a very employable position, then yes, you might be ok. However if you are like a lot of people then you might be out of work for awhile. Good luck to one and all.
A lot of people who have shown fear about layoffs on the outside, have been wanting it subconsciously.