Daily Archives: August 30, 2011

UBS Analyst: Juniper Might be Planning Significant Workforce Reduction

Unconfirmed rumors of significant layoffs at Juniper Networks are making the rounds.

Adding to the speculation is a report by UBS analyst Nikos Theodosopoulos, as reported by Forbes’ Eric Savitz,  that Juniper might be planning “a deeper workforce reduction than previously anticipated, perhaps about 10% of its total headcount . . . .”

Postscript: Earlier today, Om Malik, of the eponymous GigaOm, wrote a post in which Juniper replied to  Theodosopoulos’ report, saying that “rumors today of a 10% reduction to our workforce are grossly overstated and inaccurate.”

Advertisements