<img src="http://cdn.mos.techradar.com/art/TRBC/Generic/Servers/Server%20E/iStock_000019659759Small-Henrik5000-470-75.jpg" alt="NetApp embarks on annual job cull"/><p>NetApp will be laying off around 500 workers across the firm as internal and external factors continue to weigh heavily on its balance sheet.</p><p>The data storage hardware firm followed up a brutal set of fourth fiscal quarter results that showed profit dropping off by 32% with the news that some 4% of the total global workforce can expect to be jobless by the third quarter.</p><p><a href="http://www.techradar.com/news/computing/servers/ibm-set-to-sever-netapp-partnership-today-to-focus-on-own-brand--1250564">NetApp</a> expects to absorb a charge of between $25 million and $35 million as a result of the redundancies and Tom Georgens, chairman and chief executive of the firm, blamed two main factors for forcing the job losses: the general shift to cloud storage and NetApp's own major product overhaul.</p><p>The latter ha

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