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Bad Juniper Data Could Be An Omen For More Tech Layoffs

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Cisco Systems, Inc. NASDAQ:CSCO, EMC Corporation NYSE:EMC - Bad Juniper Data Could Be An Omen For More Tech Layoffs

The latest guidance cut from Juniper Networks, Inc. JNPR 7.35% is a warning for the employees of tech sector, as Global Equities Trip Chowdhry predicts the sector would layoff 369,000 employees over the next 12 months or so, and Juniper could layoff 3,500 employees.

"Layoffs at the technology companies is picking up. Over the next 12 months, technology sector alone will layoff about 369,000 employees. The Fed does not have a handle on the...


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