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Top related persons:
George Kurian - 1 Harshita Mary Varghese - 1 Arun Koyyur - 1
Top related locs:
Bengaluru
Top related orgs:
NetApp - 1 Web Services - 1 Google - 1 Thomson - 1

Search resuls for: "George Kurian"


3 mentions found


☆ NetApp lifts annual profit forecast on upbeat cloud service demand
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +1 min
Nov 28 (Reuters) - NetApp (NTAP.O) raised its annual profit forecast on resilient demand for its cloud-based data solutions as companies push on digital transformation projects, sending its shares up 10% after the bell on Thursday. Rise of artificial intelligence applications has also boosted spending on cloud computing, including storage solutions like the ones provided by NetApp. The company expects full-year adjusted profit per share between $6.05 and $6.25 compared with $5.65 to $5.85 it had previously projected. NetApp forecast net revenue for the third quarter to be between $1.51 billion and $1.67 billion, the mid-point of which was above analysts' estimate of $1.56 billion. It expects adjusted profit between $1.64 and $1.74 per share, above market expectation of $1.53.
Persons: George Kurian, Harshita Mary Varghese, Arun Koyyur Organizations: NetApp, Web Services, Google, Thomson Locations: Bengaluru
☆ Cloud firm NetApp to cut 8% of global workforce amid tech layoffs
  + stars: | 2023-01-31 | by ( ) www.reuters.com   time to read: +1 min
Jan 31 (Reuters) - NetApp Inc (NTAP.O) said on Tuesday it would cut roughly 960 jobs, or about 8% of its global workforce, as the cloud data management firm grapples with tough economic conditions that have crimped customer spending. U.S. companies have been downsizing and slashing costs to better cope with the global economic downturn after global central banks unleashed rapid interest rate hikes to tackle inflation. We are not immune to these challenges," NetApp Chief Executive George Kurian said in a letter to employees. Earlier in the day, software maker Workday Inc (WDAY.O) also announced plans to cut 3% of its more than 15,000 staff. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
☆ These are the most important executives who joined Google Cloud in 2022 — and the ones who left
  + stars: | 2023-01-19 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +10 min
Below is a list of the key executives who left Google Cloud in 2022 — and the most important new hires. At Google Cloud, Gearhart was responsible for the Google Cloud Platform and Google Workspace channel business around the world, according to her LinkedIn profile. Exit: Frank BienBien, a Looker vice president, left Google Cloud in February, two years after Google acquired the data-analytics company for $2.4 billion. A nearly 20-year Microsoft veteran, Jester joined Google Cloud in 2019 as part of an executive hiring spree initiated by Kurian, who had recently taken the helm of Google Cloud. Hire: Kevin MandiaMandia, Mandiant's CEO and cofounder, joined Google Cloud in September after Google completed its $5.4 billion acquisition of his cybersecurity firm.
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