Pros
I worked with some of the brightest people I've ever met at NetApp. The company treats its employees extremely well. There are a large number of perks that I believe you'd be hard pressed to find anywhere else. In general, there is a strong feeling of team and camaraderie at NetApp. There are a large number of very competent people, and in general first line management is very good. I always felt that I had fair representation, ample opportunities to grow, and all the tools I needed to do my job. Pay in the RTP area is very fair, the campus is beautiful, and the cafeteria and gym are fantastic.
Cons
NetApp seems to be going through an identity crisis. Senior executives seem to have no idea how to pull the company out of its current slump. Innovation and creativity are being stifled to try and make deadlines. There are a huge number of people in decision making positions that are not qualified to be there. People are given power based on tenure rather than talent. The stock price is in the crapper and some of the more talented people are jumping ship due to a progressively worsening environment. NetApp is laser focused on Clustered Data ONTAP.. which is great, but doesn't bridge some of the gaps that are giving NetApp's competitors an edge.