If intel announced 15% layoffs, in the same terms juniper must cut 40% work force to sa ve $$ for SHs.
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Intel has more competitive pressure than they had in decades and now their flagship processor line has taken a monumental hit in public perception, upping the pressure. They’re going to need to weather this storm for a while and not surprising at all they’re in survival mode vs growth mode now.
If Intel is a real company, why is their stock cr-p compared to AMD?
Intel is a REAL company working on a turnaround and making hard choices.
I hope they succeed.
Juniper is a DEAD company hoping to be saved.
Shareholders seem fine lately. Chill out.