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REPORTED · NEWSPublished May 23, 2026

NetApp, Inc. Announces Layoffs Amid Profitability Concerns

EMPLOYEES AFFECTED
500
SHARE OF WORKFORCE
~4.2%
EFFECTIVE DATE
Oct 1, 2023
500 OF 11,800 EMPLOYEES

What we know

Location: Sunnyvale, California, USA.

Based on news reporting.

Summary

NetApp, Inc. has announced layoffs affecting 500 employees as part of a restructuring effort despite the company's profitability. The layoffs are set to take place in Sunnyvale, California, and are part of a broader strategy to streamline operations and reduce costs. This decision comes as the company faces challenges in maintaining its competitive edge in the tech industry. The layoffs are expected to impact various departments, although specific details on which areas will be affected have not been disclosed. The move has raised questions about the company's long-term strategy and its ability to sustain growth in a rapidly changing market.

NetApp, Inc. cut 500 jobs as of October 1, 2023.

That is roughly 4.2% of the 11,800 people NetApp, Inc. employs.

LayoffTalk has tracked 3 layoff events at NetApp, Inc. since October 2023, affecting a combined 654 employees.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

NetApp, Inc. cut 500 jobs on October 1, 2023. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.

SOURCE
News reporting
View original source ↗
N
NetApp, Inc.NTAP
Technology · 11,800 employees
3
EVENTS TRACKED
654
AFFECTED SINCE 2023
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CREATED MAY 23, 2026LAST UPDATED MAY 23, 2026