NetApp to Cut Work Force by 8% Amid More Conservative IT Spending

NetApp to Cut Work Force by 8% Amid More Conservative IT Spending

NetApp announced a round of layoffs on Tuesday, joining other tech companies across the globe that are working to reduce costs. The data-sharing software company announced in a filing with the Securities and Exchange Commission on Tuesday that it expects to reduce its worldwide headcount by about 8%. NetApp (ticker: NTAP) previously said in a separate filing that it employed about 12,000 people.