Thread regarding Juniper Networks Inc. layoffs

So basically for this quarter all measures of performance were negative for Juniper and every comparable measure for Cisco was positive including future guidance.

And then add consecutive weeks of stealth layoffs to go along with the larger RIFs in a strong economy with the lowest unemployment and record stock market.

Good times. WooHoo!

Cisco up 7.5%+ this morning.

Looks like they're firing on all cylinders.

Another compare/contrast with a competitor:

Cisco up 2.5% After Hours from today's (5/15/19) after Earnings Call.

== Revenue overall grew 6%, as products grew 7% and services grew 3%.

== Revenue by product group (excluding divested Service Provider Video Software Solutions): Infrastructure Platforms, $7.5B (up 5%); Applications, $1.43B (up 9%); Security, $707M (up 21%); Other products, $39M (up 3%).

== Product gross margin up to 62% from 61%, and service gross margin up to 66.3% from 65.8%..

== Net income grew 8% to $3.5B.

==For Q4, it's guiding to 4.5%-6.5% growth in revenues, which would result in $13.43B-$13.69B, above consensus for $13.29B.

In the ER meeting, there was hardly any mention of layoffs, except a brief blurp "efficiencies" in sales teams.

They kept repeating "laser focus" on progress.

Every category was reported down/soft, including forward guidance for the next quarters. The analysts didn't press enough on this issue as time was taken to talk about Mist. Mist was the excuse vehicle for this quarter.

....Anyone semi-internally macro connected knows that fiefdoms don't get along with one another and are largely directionless and too manty tiers of incompetent/lazy/bureaucratic leadership that lack true knowledge of the products/market. Then toss in voluntary attrition of the very best and then add layoffs. All of which leads to extremely weak execution just to keep up.

I suspect buybacks is a mechanism that is heavily used to buoy the stock from a harder drop after ER.

How many quarters can this go on for so long before the water bogged wood gives way to the full truth of the situation?...

What the earning report didn't say....

Mist Systems revenue for the 1st quarter saved Rami, and Juniper, this time.

Corporate buy backs aren't fooling anyone!

@YKR72YI-eik, nailed it. Poor leadership has k--led a company that had so much potential.

Treating people poorly has it's consequences and the leadership team should never forget this.

I just found this recent Goldman Sachs article.

Look who's #1 in the chart:

https://www.cnbc.com/2019/04/02/goldman-analysts-believe-these-stocks-will-surge-more-than-60percent-in-the-next-year-and-one-will-double.html

Here’s hoping for good, but expecting lots of talk about headwinds!

The poor decisions by Juniper's leadership did this to themselves and all it's employees.

This is a long time coming and it didn't happen overnight. Starting with the contrail spin-out/spin-in, there have been some very poor decisions in terms of acquisitions, and technology or industry focus. The marketing and PLM work shows weak understanding and knowledge of market needs and industry trends.

Unfortunately no one that ever made a bad decision at juniper will be subject to a lay off. Hardworking, productive individual contributors however have and will be sent home in stealth layoffs. Again, staying under the radar, breaking laws and meeting the numbers through unconventional methods.