Thread regarding Juniper Networks Inc. layoffs

Seems lay off happened today (saw in another thread). Any one have ideas how deep was the cut ?

@UeNboKG-awxv The trend of overall demand increasing big time in past couple of years. Earning numbers should at least match that pace. For an example of good player riding the wave, see numbers&trend for FFIV. For a great player example, check ANET. The fact that JNPR numbers stay unchanged or even trend downwards is not a good sign.

Stock market is about future. Look at recent cliff jumpers TWTR/FB/NFLX. Who doesn't have a solid Q2? Like it or not, that is the stock 101. So the "very interesting things" better happen, and happen soon, if they indeed exist.

UeNboKG-aloy:

• Switching - nowhere close to world class in Juniper

• Security - Way behind competition, this BU will get non relevant in the coming years

• Automation - Arista, Meraki (Cisco) are better. Juniper cannot match competition

• Software - Again competitors are better

Routing is the only positive which is keeping Juniper afloat.

Ok, now list a single company that can offer all of these, at the same time:

-routing (world class)

-switching (on the way to become world class)

-security (down, but still very much relevant and recovering)

-automation (best in the world)

-software that brings value and increases hardware sales (contrail, appformix, northstar)

Combine all of those, and you have integrated solutions that nobody can offer. That’s the reason why Juniper services revenue skyrocketed in last years. Moment hardware sales recover (due global telco slump), very interesting things will happen.

While I do think Juniper is a viable company will be relevant in the foreseeable future, it is not the great company it once was. Let's see the 3 big businesses -

Security - IMO, not a viable business. Too many competitors with much better products. Juniper is sure to lose here.

Switching - Viable business, but will never be able to compete with Cisco and Arista. With the new white box switch trend, this business might get into more pressure.

Routing - 10 years ago, Cisco was the only real competitor. Now, we have Alcatel and Huawei. Also, routing market is not growing. Couple this is more competition, future does not look great.

All money Juniper is making is due to routing business. Ay hiccups in that business could sink the company. Will not happen in the near future though.

And which trend is that? Think you’re confusing inflated indexes, with real life & earnings. You’ll hardly earn more money simply because some bunch of bullsh1ters decided to inflate stock market. It’s called speculation.

It was just a simple search to see "How many players in this industry have that?". Obviously, every major competitor has at least that. Making 500M as a major player in recent market is nothing significant. But when the number changes don't match market trend, it certainly looks bad.

So you list world’s top 3 players, Juniper being one of them, and try to make something negative out of it?

Either you’re mentally limited, or don’t uderstand this isn’t communism, there indeed is some competition existing. For 20 years Juniper is tackling various competitiors, and seems to be live & kicking (many of them have bitten the dust), while transforming business in last couple of years (staying relevant).

That’s horrible thing, right? Must be hard for all the haters.

Some numbers for past couple of years from a quick search. What is so special about a 500M?

Juniper

https://www.marketwatch.com/investing/stock/jnpr/financials

Net Income 439.8M (334.3M) 633.7M 592.7M 306.2M

Cisco

https://www.marketwatch.com/investing/stock/csco/financials

Net Income 9.98B 7.85B 8.98B 10.74B 9.61B

Arista

https://www.marketwatch.com/investing/stock/anet/financials

Net Income 20.78M 68.89M 119.12M 182.97M 422.4M

Yeah, yeah... more money, more... like half billion per year, and half dozen billions stashed overseas is not enough.

How many players in this industry have that? Fck the fake market grow, if you don’t earn cash money.

Only disusscion should be about distributing that wealth better to common employees and shareholders.

UeNboKG-8ylw: While it is true that Juniper makes $500m profit annually, this number has been constant for few years. We are in one of the biggest bull markets in US history, if Juniper cannot grow in such an environment, imagine what will happen when we hit the next recession. Also, there is very little innovation in Juniper relative to other tech companies. Juniper clearly is losing out in switching and security. I am not sure that security BU in Juniper is a viable business.

Any idea if hardware or software or sales will see job cuts?

So they will lead Cisco to the same level of success Juniper is experiencing righ now?

Looking at the current attrition at Juniper and amount people leaving - at least 5 Directors and above left for Cisco in the last couple of weeks - there won't be many people left at Janitor, ooops, Juniper I mean, to fire.

Looks like Juniper is on track to make USD 500 million profit this year (after taxes), yet there are geniuses claiming there is problem with earning money.

Add to it huge stack of cash money dispersed overseas, and you really have to laugh to claims posted here. More likely, dividend payments will improve further, as there’s virtually no more place to stack gold in treasury.

I was expecting some hints of layoffs in earnings if it was really planned for Aug 1. Maybe lets wait for till Aug 1.

No, earnings call is NOT about a coming layoff. If it was, then CEO and CFO did it wrong.

You can, however, make an educated guess by looking at the numbers in report. Just ask yourself if reducing operating expenses is the simplest or only way to make better reports in next couple of quarters.

Nothing in earnings call today, is this fake news.

By your team, you mean group therapy for alcoholism?

confirmed, lists are being prepared in our team as well. so it's imminent :(

Sure you did

Confirmed.....have to give two names from my team..

How exactly do you fudge dollars? Earning numbers are exact science...

@UeNboKG-5uax No. FAKE Fake News. The times, they are a'changin' me darlin'. Juniper's circling the drain. The political players of EMEA should watch out, if Marcus The Maddog's promise last month after the worst employee evaluation in EMEA in Juniper's history, is anything to go by. Marcus' Jewels are being sharpened, Marcus is at his marauding best. Technical morons, company fat and dead weights need to be weeded out and jobs protected for the ones who really deliver, not fudge numbers.

FAKE NEWS

Guide for the day you are laid off to save incompetent Managers and members of the Manfrendini Mafia. Available on Amazon now. Better to read it before the event happens: "Don't sign anything: A guide for the day you are laid off." https://www.amazon.com/dp/1986944115

@UeNboKG-pfl No Mr. Dalai Llama, "me not trying spread panic". Sorry if my Italish is not upto the mark.

@UeNboKG-1wri @UeNboKG-1gfd WHAT are you smoking?! Can have a bit of the same please! Pretty please! Holy verbal diarrhoea !!! Put a cork on it, otherwise you will run out of meaningless bile. All the best with your medications - don't forget 'em now. Mummy will NOT like that! You may even get spanked!

It's time to tell the truth about HR. Although the pressing need for offering true constructive criticism—listening to the whole issue, recognizing the problems, recognizing what is being done right, and getting involved to help remedy the problem—is acknowledged here, the main focus of this letter regards HR's desire to crucify us on the cross of emotionalism. This moral issue will eventually be rendered academic by the fact that my goal is to get him to realize that his slimy, fastuous expedients are bound to have a chilling effect on free speech. Of course, if he insists on remaining an ignorant, uninformed, and ill-informed popinjay, that's his prerogative. Even when the facts don't fit, he sometimes tries to use them anyway. He still maintains, for instance, that he is as innocent as a newborn lamb.

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I profess I know why HR has been delegitimizing our belief systems and replacing them with a counter-hegemony that seeks to smear people of impeccable character and reputation. He considers it an interesting sociological experiment for determining whether people can be influenced to place froward clodpolls at the head of a nationwide kakistocracy. Two quick comments: 1) This kind of thing makes me wonder whether we've ever moved past impractical Dadaism at all, and 2) if he thinks that he can make me lose all self-control then he's barking up the wrong tree. I don't enjoy HR's bawdy sense of humor. In view of that, it is not surprising that HR's c----and-bull stories are not pedantic treatises expressing theories or extravaganzas dealing in fables or fancies. They are substantial, sober outpourings from the very soul of nosism. Finally, any mistakes in this letter are strictly my fault. But if you find any factual error or have more updated information on the subject of HR, HR-inspired versions of sciolism, etc., please tell me so I can write an even stronger letter next time.

TheLayoff.com has had its say, and this is mine. By way of introduction, let me just say that many people who follow TheLayoff.com's views have come to the erroneous conclusion that all minorities are poor, stupid ghetto trash. The stark truth of the matter is that its choleric screeds are destroying the family as an institution. They are destroying our culture. They have already, for all practical purposes, destroyed our civic life. And they threaten to destroy our freedom to hinder the power of out-of-touch anarchists like TheLayoff.com.

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TheLayoff.com should think twice before it decides to harvest what others have sown. (Read as: whenever I ponder over the meanings and implications of its unpleasant prognoses, I feel little peace.) The other day I surveyed the first few people I met. Only one person I interviewed actually believes that cell-phone towers are in fact covert mind-control devices that use scalar waves to beam images into people's brains while they sleep. (I found out later that that person is a member of TheLayoff.com's coalition of delirious skites and morbid eejits so I avow that we can safely discount his opinion.) Everyone else I polled already realizes that I insist that we should let TheLayoff.com prattle on about how creating bridges between marginalized people and then extensions outward to broader constituencies is something to be regulated, policed, feared, and controlled. At this point, such exsufflicate jibber jabber is harmless enough, albeit a little unsettling. Nevertheless, it does demonstrate how TheLayoff.com is a tribute to our collective gullibility. Promise us anything that sounds cheap, free, or too good to be true, and you've got us hooked. That's why so many people believe TheLayoff.com when it says that it is clean and bright and pure inside. The reality, in contrast, is that this is not wild speculation. This is not a conspiracy theory. This is documented fact. Okay, I've written enough for one letter, so let me just finish by saying that uncontrollable picaros generally sit on their hands doing nothing while the rest of us are out speaking out against the hatred and incitement to genocide that lie at the heart of TheLayoff.com's assertions.

The refurb at Westford will complete, but rumor is it is to prep it for sale.

Westford is currently under a rebuild and reopening. Westford will NOT Be closing. This is just someone spreading rumors and panic.

We will find out more during the July 26 conference call. Nothing has been reported in the WARN database yet.

Westford will be closed

Any idea what teams in SVL would be affected?

HR person: is this true? This will impact a lot of people so please HR confirm this is true.

This is true. I work in HR. Huge changes are coming. Westford and Herndon will be closed, jobs eliminated or shift to Bangalore. Total number of jobs around 2,000 eliminated. Some groups will be asked to take salary reductions. I can’t believe this is really Juniper - I am sick at what I am being asked to do. The clock is running and it’s time for us all to move on.

are you sure you aren't trying spread panic?