Global Equities Research’s Trip Chowdhry:
Cisco (CSCO): Total Employees 72,000: about 20% layoffs = about 14,000
EMC: Total Employees: 70,000: Between 15% to 20% layoffs = between 10,000 and 14,000
F5 Networks (FFIV):Total Employees: 4,500: about 10% layoffs = about 450
HP Enterprise (HPE): Total Employees 240,000: about 30% layoffs = about 72,000
HP Inc (HPQ): Total Employees 287,000: about 30% layoffs = about 86,000
IBM (IBM): Total Employees 379,000: about 25% layoffs = about 95,000
Juniper (JNPR): Total Employees 8,800: about 15% layoffs = about 1,300
Microsoft (MSFT): Total Employees 118,000: about 15% layoffs = about 18,000 (Microsoft is letting go about 200 to 250 people every week, and none of these are ever announced)
Network Appliance (NTAP): Total Employees: 12,800: about 15% layoffs= about 1,800
Oracle (ORCL): Total Employees 132,000: about 20% layoffs = about 26,000
Symantec (SYMC): Total Employees: 19,000: about 15% layoffs = about 2,800
VMWare: Total Employees:17,000: Between 10% and 15% layoffs = between 1,700 and 2,500
Yahoo (YHOO): Total Employees 12,500: about 30% layoffs = about 3,500
Yelp (YELP): Total Employees 3,671: about 30% layoffs = about 1,000