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back to article Juniper Networks waves axe at 6% of workforce

A twitchy Juniper Networks can't seem to sit still for very long before wielding the job-cuts axe. This time it's letting go of six per cent of its workforce around the world. Hundreds of employees are set to be let go just months after the company's last round of layoffs in October last year. Juniper Networks said that staff …

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  1. Anonymous Coward
    Anonymous Coward

    Clearing the decks for a purchase by Nokia?

    0 0
  2. The Godfather
    Pint

    Oops

    'implement a streamlined organisational structure that strengthens our ability to execute, reinvigorates our mission-driven culture, and aligns to our growth opportunities'

    = corporate-speak tongue twister this one. Translation is roughly along these lines...

    We have to cut more costs cos we're still losing focus and need to make what we have left, look better...

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    1. southpacificpom
      Reply Icon
      Facepalm

      Re: Oops

      Or,

      Because we have now fucking idea how to bring in extra revenue by innovative means, we have to shed 550 plebs so we can show our greedy shareholders just how well we performed.

      Footnote,

      Other than shedding more jobs, management ain't got a fucking clue how to please the shareholders this time next year...

      1 0
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