Thread regarding NetApp layoffs

With the cost side of the equation doing better then goal it all comes down to revenue.

If revenue meets goals, no layoffs, if there is a miss. Because revenue is lagging a little I guarantee execs will be getting wacked. I guarantee people like Roger Anderson and some of the other legacy VPs will be gone by the end of the summer, if not sooner. NetApp has been and will continue to whittle down groups, especially under-performing products and overlays.

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Roger Anderson should have been terminated years ago. Empty suits are killing NetApp. Have you ever been in a meeting that he was chairing? A giant douche. I don't care if he was the first SE. Doesn't mean a damn thing to a company going down the tubes.

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Your prediction of Roger Anderson being gone before the summer has come true. He turned in his resignation and his last day will be July 28, 2017.

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Stock will be back around 41 shortly until at least the Q1 results announcement. Based from there will decide if it goes further up, down, or hovers around the 40 range it has been for a while

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Seems the whole tech sector has been down last week; doesn't appear to be anything specifically 'bad' happened related to NetApp in recent weeks ...

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NTAP - Less than 38 .. Any Thoughts ??

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