Thread regarding Juniper Networks Inc. layoffs

For Those Who Have RSUs (or Not)...

When one stays at a company for many, many years, certain things start to happen gradually. And that gradual becomes the "norm", when it shouldn't be the norm.

Weekly stealth layoffs and a stock that doesn't go anywhere are some things that have become the "norm" and the person grows numb or non-reactive to such things. Sort of like living in the Matrix.

Fact #1: J's stock closed at $25.72 on 1/4/16

Fact #2: J's stock closed at $26.41 on 5/10/19

In that SAME time frame, the ancient and mature DOW Index grew 58.70%. The more modern tech oriented NASDAQ grew 70.49%. The stalwart S&P500 grew 49.91%.

Amazon stock (the largest hirer of technical talent & MBAs) grew 211.34% in that time. Competitor Cisco's stock grew 115.33%. Competitor Arista's stock stock grew 283.65%.

So if you have a tranche of RSUs, apples to apples, you now have an idea of the EXTRA money you'd have in your pocket in a period of roughly 3.5 years (almost the entire 4 yr. vesting period of an original RSU tranche). It's an eye opener isn't it?

And to those who are "handcuffed" to a tranche of RSUs, do KNOW that companies MATCH your tranche and make you WHOLE in the form of extra RSUs with same old vesting dates and/or relevant signing bonus. So hypothetically, if you get $200k RSU offer, and you have 100k handcuffs over 2 years with your old employer, then they will add that extra 100k to your offer package for a total of 300k. This is quite normal and not out of the ordinary in the least! In other words, there's no such thing as golden "handcuffs" in this day and age.

Now, if you don't receive RSUs, then do KNOW that at other highly perceived tech companies it's a near CERTAINTY that you'll receive RSUs EVERY year!

.........And the promised annual bonus to your pay grade will always be 100% and likely higher!

Also know that the "New Hire" package of RSUs you'd receive at other companies would likely be in the SIX figures.

Then of course, everything else: likely better benefits, no weekly threat of layoffs, a likely much more harmonious working culture, and working on Tech that'll keep you learning and keep you relevant for career growth and longevity.

Imagine receiving maybe 1-2 hits from a headhunter on Linkedin to receiving several WEEKLY when you switch to another highly perceived company. That's a litmus test of perception. It's very real and very shocking when you experience this difference!

Take weight of your situation on how to proceed in the future. Remember, the economy is good now, but that could change quickly, especially with our Prez (hiring freezes come hard and fast). Waiting too long to do a change could cost you MANY years to regain a proper upward reset.

Good Luck to all!

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| 4157 views | | 5 replies (last May 27, 2019) | Reply
Post ID: @OP+Z05vkXC

5 replies (most recent on top)

I'm currently at a FANG. I just received my annual salary increase and RSU disbursement for the year.

Geez, I cannot tell you what a clown show of greed Juniper is in this dept!!

It seems all the RSUs at Juniper are ginormously given to the C Suite only.

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Post ID: @grfs+Z05vkXC

Wow. Facebook and Amazon eh? Good stuff there!

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Post ID: @4poc+Z05vkXC

Congrats on the Amazon and FB offers! Both will be really huge upgrades for your career!

Depending on group, your WLB may take a hit (or not) at either company. It all depends on the group. Amazon is more stingy in resources how they run their business but you can have a big impact there depending on maturity of the business unit.

Comp being equal, FB is the more prestigious FANG and their yearly refreshers and promotions are generally better. FB is like Google in the headhunting world but Amazon opens doors really wide too.

Consider at your impact for each job and what would interest you most.

Amazon is a great step forward in your career over Juniper, but since you have FB, it's a no brainer to me to choose FB (all things being equal). You'll be coddled and taken care of much better at FB.

If your offer is lower at FB than the Amazon offer, have FB match or exceed it. They should do this quite easily!

Again, congrats on your grand slam home run!!!

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Post ID: @3ixv+Z05vkXC

I can vouch for this, got couple of offers within 1-1/2 month. Amazon and FB. business development . Weighing my options, good problem to have :) so yeah there is life outside of JNPR and not bad at all. I'd appreciate any feedback from anyone who joined any of these companies , in terms of pros and cons .

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Post ID: @3rmo+Z05vkXC

The last comment about the President is very prescient.

Stocks down hard today with the beginning of the China trade war.

This could definitely lead to eventual hiring freezes among companies and another excuse play for Juniper's next earnings call.

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Post ID: @2grg+Z05vkXC

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