Thread regarding Intel Corp. layoffs

Tech Industry To See 330K Layoffs In 2016, Chowdhry Warns

Below is a list of how many employees Chowdhry believes will be fired at specific companies:

EMC Corporation (NYSE: EMC): between 10,000 and 14,000 layoffs – or 15 to 20 percent of its workforce.

Hewlett Packard Enterprise Co (NYSE: HPE): about 72,000 – 30 percent.

HP Inc (NYSE: HPQ): roughly 86,000 – 30 percent.

International Business Machines Corp. (NYSE: IBM): about 95,000 – 25 percent.

Cisco Systems, Inc. (NASDAQ: CSCO): about 14,000 – 20 percent.

Juniper Networks, Inc. (NYSE: JNPR): about 1,300 –15 percent.

Oracle Corporation (NYSE: ORCL): about 26,000 – 20 percent.

Microsoft Corporation (NASDAQ: MSFT): about 18,000 – 15 percent (“Microsoft is letting go about 200 to 250 people every week, and none of these are ever announced")

NetApp Inc. (NASDAQ: NTAP): about 1,800 – 15 percent.

Symantec Corporation (NASDAQ: SYMC): about 2,800 – 15 percent.

F5 Networks, Inc. (NASDAQ: FFIV): about 450 – 10 percent.

Yelp Inc (NYSE: YELP): about 1,000 – 30 percent.

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