Some real smart major contributors laid off at the hands of the id--ts and now the useless id--ts are being promoted. It's such a $hit $how.
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I heard the old CRO said Juniper would make increased revenue for the next 2-5 years by mistake, not by purpose… and that the new CRO could be a chimp and still not fail because of the backlog of unfulfilled outstanding orders that they failed to deliver because of the silicon global shortage..
5% cut for Marketing is the rumor.
Long recession yep if we keep the same party in office which has done nothing to date to help the economy. Trump may have been a buffoon but the market loved him. There will continue to be lay off because Juniper regardless of what they say isn't growing like its competitors.Juniper Networks revenue for the twelve months ending March 31, 2023 was $5.505B, a 13.99% increase year-over-year. Juniper Networks annual revenue for 2022 was $5.301B, sounds good but Arista Networks revenue for the twelve months ending March 31, 2023 was $4.856B, a 53.78% increase year-over-year. Arista Networks annual revenue for 2022 was $4.381B, a 48.62% increase from 2021. Cisco Cisco revenue for the twelve months ending April 30, 2023 was $54.897B, a 6.43% increase year-over-year. Cisco annual revenue for 2022 was $51.557B, a 3.49% increase from 2021. So Cisco is betting Juniper by doing almost 4B in 2022 increase and Arista is poised to smash Juniper this year... Juniper is run like a old boys club was very disappointed after the first year with the lack of drive I saw in management and many peers.
Why do you say this will be a long recession? I thought so too a few months ago, but looks like stock market thinks something else. I wouldn't be surprised if in a year stock market indices make new highs.
That's just normal. Happens in all companies. Recession is coming so get your resume up to date with the skills you have. This time it will be a long recession. Save your money.