Pros
Paycheck has not bounced. We have a lot of idle time to be with freinds and family because there is not much work to do. Everyone seems to be waiting for the next lay-off, and this slow pace of work is very satisfying.
Cons
Environment is tough, as everyone is on edge that they will be the next one to be laid off and this leads to backstabbing. If you are an older worker, and not at the Director level, you will be laid off in the next round. In the last round, the stronger workers were let go as management feared that they would replace them at a lower wage. Resignations are rampant, all of the talent is leaving in fear of job security. In California, housing is so expensive that a person needs a stable job to pay the mortgage and netApp can not provide the stability. Customer's should be worried as they made a sizable investment in NetApp technology and now the people who developed these products have resigned / laid off. How can you expect them to migrate to NetApp's cloud (which is expensive) when the company is failing. A note to all recruiters, every coworker that I know wants to leave netapp, even for 20% less pay. Please do not considered a laid-off NetApp employee as a weak employee - they are actually the stronger ones that the weaker managers feared.