"Our focus is on operationalising our strategy to take full advantage of the opportunity in front of us."
Wow. Just wow.
We're hearing NetApp has laid-off up to 512 staff world-wide in a cost-cutting exercise before its full-year results come out later today. There are reports that some 200 staff are going from its Research Triangle Park facility in North Carolina. WRAL TechWire says 15 per cent of the RTP facility have received pink slips, …
These are the steps:
1. Layoffs once a year
2. Piss off your reseller partners
3. Every exec must have a pet project which must be irrelevant to the business
4. Hire B players to replace A players leaving
5. Everybody vote for Great Place to Work
6. Celebrate Great Place to Work success
6. Do the opposite of what you said you would
7. Celebrate success on Social Media and state what you've done 20 years ago...
Yeah, that ought to do it!
Nice..so true!
Not sure if it is Tom Georegen's era in NetApp is responsible for this. But for sure he is on the hook for turnaround (if lucky).
I think NetApp strategy really went wrong and they have to take a hit to fix it. Even if they fix it, it will not be same as what they were in last 15-years as traditional storage market is shrinking YoY.
NetApp always chose path different than it's competition in initial 15-20 years. But recently they followed others for certain things (like FlashRay) and same time failed to adopt effective strategies to fend off new headwinds like AWS/Azure (cloud), hyper-convergence, All-Flash, data center technology, etc.
Another failure is on the acquisition front, neither do aggressive acquisitions nor digest acquisitions well!
Well, things evolve on this planet ... according to the theory of evolution ... so do languages. And ... just like animals, they evolve differently on different islands.
Thou art mistaken!
I upvoted'th thou as I liked the sense of humour!
PS: I am British, I cannot stand how the USians pronounce to-may-doe, either ... sadly, we have to live with it!