SUNNYVALE -- #NetApp has dropped the other shoe in the wake of its disclosure it would sell eight South Bay buildings to #Google: The company is laying off hundreds of people in Sunnyvale, according to an official filing with state labor officials.
The shrinking footprint of NetApp is being underscored by the data storage company's decision to eliminate 376 jobs in Sunnyvale, a filing with the state Employment Development Department shows. NetApp filed the document, known as a WARN notice, with the EDD earlier this month.
The job cuts will be effective April 30. NetApp notified employees being affected by the staff reduction on March 1.
"NetApp has committed to a restructuring and reduction in workforce to streamline its core business and reduce operating costs," NetApp said in a recent filing with the Securities and Exchange Commission.
The company expects to reduce its worldwide head count by approximately 12 percent, according to the filing.
http://www.mercurynews.com/business/ci_29652467/netapp-cut-376-sunnyale-jobs-by-end-april
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