& cplSiteName &

Juniper Jettisons 280 Jobs

Dan O'Shea
10/25/2013
50%
50%

Though Juniper Networks beat analysts' revenue estimates for the third quarter and acknowledged livelier spending by service providers in results published this week, the company also cut about 280 jobs.

A Juniper spokesman gave us the official reason for the cuts: "Our headcount reductions are part of our effort to better align resources as part of our overall strategy and priorities going into 2014." The perceived cause, according to company observers: Juniper went soft in its outlook for the fourth quarter, predicting revenue of $1.2 billion to $1.23 billion, when analysts on average were expecting at least $1.23 billion. Michael Genovese, communications equipment sector analyst at MKM Partners, called Juniper's fourth-quarter outlook "conservative" in a research note.

Juniper's move is somewhat similar to what Cisco Systems did in August, when it announced 4,000 job cuts on the heels of a positive quarterly report. It also issued a weaker outlook for the upcoming quarter. (See: Cisco Caution Leads to Job Cuts.)

For the third quarter, Juniper beat analyst expectations with $1.186 billion of revenue and a $99 million profit. The company noted increasing service provider demand for its products to the tune of $788 million in revenue from that sector. It also expects that demand to sustain itself into next year. (See: Juniper Networks Reports Q3 Revenues Rise.)

Juniper recently announced upgrades to its MX Series routers. After this week's earnings report, the word circulating among analysts was that Juniper soon will have another major product announcement focusing on the datacenter. (See: Juniper Cards Pack Power Boost and Juniper Upgrades MX Routers.)

— Dan O'Shea, Managing Editor, Light Reading

(4)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Cellco
50%
50%
Cellco,
User Rank: Moderator
10/28/2013 | 4:44:29 PM
Re: Government shutdown
@calahan, I think you need to cut them some slack.  Juniper has an okay foundry business that needs to be put to work, along with their country initiative to compete in IT engineers.  Cisco tried to be a good USA citizen but ultimately after getting burned by Chinese manufacturing, they too have turned to India as well.  Depress our dollar a little more and renew the USA engineering and technology initiatives (use to be corporate based, now corporations want citizens to pay Universities to be vocational schools).


If we can depress the Dollar another 30% and start on-shoring some technology development, Cisco will be able to make a case to repatriate some cash to return to it's once ardent commitment to on-shore technology development.  I hope so because as it stands now we will be a country of entertainment, tourist and financial community, relying on the current IT powerhouses of Russia, China and India.
calahan
0%
100%
calahan,
User Rank: Light Beer
10/26/2013 | 8:02:35 PM
Re: Government shutdown
Oh please!

 

Cisco Systems is a truly great company. It is well managed and is an asset to the American economy.

 

What has Juniper Networks achieved other than hyping things up to benefit the few at the expense of the majority including investors, customers etc?

 

The real fact remains that Juniper's top engineering team was always below quality. MX is a joke and its engineers work on issues that are 3 to 4 years old.

 

Sure enough. Juniper will march into the future. /s
kaop
50%
50%
kaop,
User Rank: Light Beer
10/26/2013 | 5:06:10 PM
SDN
The evolution to SDN has impact on Juniper and other traditional networking hardware companies.  Hopefully their SDN effort with OpenContrail can keep them competitive.
DOShea
50%
50%
DOShea,
User Rank: Blogger
10/25/2013 | 7:49:31 PM
Government shutdown
Both Juniper and Cisco also saw weakness in government spending... for obvious reasons.
Educational Resources
sponsor supplied content
Educational Resources Archive
From The Founder
Download our complete guide to de-risking NFV deployment in 2016, including:
  • An eight-step strategy to deploying NFV safely, based on input from the companies that have already started virtualizing their production networks.
  • Interviews with leading executives at Colt, AT&T, Deutsche Telekom, Cisco, Nokia, ZTE, Ericsson and Heavy Reading.
  • Flash Poll
    Live Streaming Video
    Prepping for the Future: Upskill U Explained
    During this short kick-off video, Doug Webster, Vice President of Service Provider Marketing, Cisco, and Light Reading’s CEO & Founder Steve Saunders give an overview of Upskill U.
    Telecom Innovators Video Showcase
    Atrinet's NetACE – Migration to NFV & SDN With NetOps-Driven LSO

    5|4|16   |     |   (0) comments


    At Atrinet's headquarters, Ray Le Maistre sits down with Roy Silon to get an in-depth look into the company's focus and the secret recipe for their success.
    LRTV Huawei Video Resource Center
    Amsterdam ArenA, Powered by Huawei

    5|4|16   |     |   (0) comments


    Huawei's ICT solutions power the state-of-the-art Amsterdam ArenA, turning it into a smart stadium.
    LRTV Interviews
    Testing When There's No 'There' There

    5|4|16   |     |   (0) comments


    The benefits of SDN/NFV are well known, but the transition comes with some challenges, prominent among them is: how do you test a network that has been abstracted and has the potential to be endlessly reconfigurable? Light Reading was at NFV World Congress in Santa Clara, Calif., where we bumped into Mats Nordlund, CEO and co-founder of Netrounds, a Swedish ...
    LRTV Interviews
    Ditching the Slash & the Orchestration Wars

    5|3|16   |     |   (2) comments


    SDN and NFV have been inextricably bound with each other for so long that on a conceptual level, smooshing them together into one catch-all phrase – SDNFV – is now justifiable, according to Dan Pitt, executive director of the Open Networking Foundation (ONF). Light Reading spoke to Pitt at the NFV World Congress, where he explained that the next ...
    LRTV Custom TV
    ZTE TV Connect Highlights

    5|3|16   |     |   (0) comments


    ZTE gives us a tour of its booth and new products at TV Connect in London.
    LRTV Custom TV
    Deluxe's Unified Delivery Solution

    5|3|16   |     |   (0) comments


    Join Alan Breznick of Light Reading and visit the Deluxe booth at NAB! Here you'll find Deluxe's Unified Delivery Solution, OTT video, virtual reality, HDR, 4K and much more!
    LRTV Interviews
    Verizon Puts Gray Boxes in the Shade

    5|2|16   |   04:33   |   (1) comment


    When it comes to the white box trend, "gray" boxes, which have a slight proprietary twist, don't give service providers and end users the advantages they're seeking, according to Verizon's Vice President of Product and New Business Innovation Shawn Hakl.
    LRTV Custom TV
    Dealing With a Disrupted Video Market

    5|2|16   |     |   (0) comments


    Ericsson's Simon Frost discusses how traditional pay-TV providers can cope with the big changes wrought by the rise of OTT video and IP technology.
    LRTV Custom TV
    The VNF Responsibility of Red Hat

    5|2|16   |     |   (0) comments


    At MWC, Caroline Chappell of Heavy Reading visits the Red Hat booth and sits down with Chris Wright to talk about the responsibility the VNF needs to take on in order to ensure the operators get the carrier-grade performance they expect for their network.
    LRTV Interviews
    AT&T Expert on the Key Pillars of UC

    4|29|16   |   03:58   |   (0) comments


    Vishy Gopalakrishnan, AVP of product marketing at AT&T, talks about the three developments that are making unified communications and collaboration secure and reliable for enterprise users.
    LRTV Documentaries
    LRTV Report: Mobile Core Innovation

    4|28|16   |   25:32   |   (0) comments


    Hear from multiple industry experts from Deutsche Telekom, SK Telecom, Heavy Reading, Huawei, Cisco, Ericsson, Nokia, NEC and many more about developments in the mobile core as operators virtualize their IMS and evolved packet core systems and prepare for a 5G world.
    LRTV Huawei Video Resource Center
    NFV World Congress Highlight

    4|26|16   |     |   (0) comments


    The highlight of the NFV World Congress contains exciting telecom news. Join us for an inside look at Huawei's ICT 2020 plan and its latest collaboration with industry leaders.
    Upcoming Live Events
    May 23, 2016, Austin, TX
    May 23, 2016, Austin Convention Center
    May 24-25, 2016, Austin Convention Center, Austin, TX
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    December 6-8, 2016,
    June 16-18, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    A new survey conducted by Heavy Reading and TM Forum shows that CSPs around the world see the move to digital operations as a necessary part of their overall virtualization strategies.
    Hot Topics
    Ultra-Broadband Summit, Hong Kong
    Iain Morris, News Editor, 4/27/2016
    Amazon AWS Reports $2.6B Quarterly Revenue, Up a Colossal 64%
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 4/28/2016
    WiCipedia: Woman Cards & Bitch Switches
    Sarah Thomas, Director, Women in Comms, 4/29/2016
    Sprint CEO: Our Spectrum Is for 5G
    Dan Jones, Mobile Editor, 5/3/2016
    Amazon & Other 'Big 4' Cloud Providers Crushing Competitors
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 4/29/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    In this latest installment of the CEO Chat series, Craig Labovitz, co-founder and CEO of Deepfield, sits down with Light Reading's Steve Saunders in Light Reading's New York City office to discuss how Deepfield fits in with the big data trend and more.
    Grant van Rooyen, president and CEO of Cologix, sits down with Steve Saunders, founder and CEO of Light Reading, in the vendor's New Jersey facility to offer an inside look at the company's success story and discuss the importance of security in the telecom industry.
    Animals with Phones
    Sloth Mail Click Here
    Sloth mail -- somehow even slower than snail mail.
    Live Digital Audio

    Of all the tech companies in the Valley, Intel has made the most aggressive commitment to building a diverse and inclusive workplace culture. It's doing so by taking concrete, measurable steps, making a large financial investment and through a commitment to complete transparency about its progress. In this radio show, WiC Director Sarah Thomas will be joined by Shlomit Weiss, Intel's Vice President, Data Center Group, and General Manager of Networking Engineering, who will share with us why Intel is tackling this huge challenge, how and to what effect. She will also discuss her unique experiences leading development of Client SOC development in the past and today leading development of all of the chipmaker's silicon hardware for networking IPs and discrete devices and managing a team of 600 engineers across Israel, Europe and the US.