How do HPE acquisitions work? Are we going to be affected by cuts if Juniper is acquired or will cuts be strictly on their side? Will it affect us in any other way? I'm sorry if this is something that's common knowledge, but I haven't been here long enough to know how these things work.
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Cisco enterprise WLAN revenues increased 65.6% year over year in 2Q23 to $1.3 billion. The company's market share stood at 43.5% at the end of the quarter.
HPE Aruba Networking revenues rose 55.3% annually in 2Q23, giving the company a market share of 16.2% in the quarter.
Huawei enterprise WLAN revenues rose 26.6% compared to the second quarter of 2022, giving the company a market share of 7.5% in 2Q23.
Ubiquiti enterprise WLAN revenues increased 4.4%, giving the company 5.8% market share.
CommScope enterprise WLAN revenues increased 72.2% year over year in the quarter, giving the company a market share of 4.8%.
Juniper Networks enterprise WLAN revenues increased 39.3% compared to the second quarter of 2022, giving the company 3.7% market share in 2Q23.
Juniper MIST Zia just 3.7% !!! You guys need to wake up and see the real facts.
HPE has overpaid for Juniper as someone rightly said. They will realize the mistake just like Autonomy. SP,DC customers are getting rid of Juniper so the acquisition is a burden on HPE. The security division is already last in the line so I believe this will be the poison pill for HPE. Cisco is bound to gain nobody else. And if you don't know already, there is another round of mass layoffs in Juniper in April so run while you have time
Raises were given. If you didn’t get one, take heed.
Antonio was unable to provide employee raises following a “record-breaking year”, as HPE lacks available cash. The company took substantial loans, amounting to 14 billion, from banks to acquire juniper. Brace yourselves for potential salary cuts for upcoming months.
Gotta love HPE, won't give you a raise after a RECORD BREAKING YEAR, but can buy a 14 billion company right after.
HAHAHA Are you really asking that question? Of course there will be big layoffs-probably a few months after the acquisition. Simple... Acquisitions, Mergers, Spin-Offs... all always equal big layoffs. It is part of the "synergies" and "efficiencies" BS jargon. If I were you, I would start my job search immediately.
You haven't been there (here) long? I'm so sorry. Get familiar with a term: "WFR". It stands for Work Force Reduction and is a sword HPE weilds with extreme prejudice. Also, if you're recently in, I'd turn right back around get out if I were you. Or -if you're marketable- take the package when you eventually get cut (okay, if you get cut), but have a hot standby.
You've fallen in with raiders. This company used to take care of it's people. That is long gone. It's all about the stockholders and dividends and the stock price has been awful for years.
Fear not. Antonio will separate us from the means to earn a living with empathy and compassion. Only by purchasing a new luxury watch will he assuage his sadness.
I worked at Nimble when they were acquired by HPE. Trust me. There will be a huge layoff before the Juniper acquisition closes. HPE wants Juniper’s customers. Everything and everyone else is expendable.
Entire HPE will layoff at least 7000 employees in 2024, Juniper is definitely overvalued, it is just less than 4 billion in true value but sold at 13 billion, good deal to Juniper.
Juniper is full of low talent clowns, dont be afraid
Prepare for mass layoff on crown jewel aruba
If they acquire, they will layoff. If they divest, then they will layoff. But what if they neither divest nor acquire? Well in that case they will layoff. Rest assured they will layoff with empathy and heart. Neri calls his elderly mum everyday.
I think everyone here has really commented on what I was going to say.
From the HPE side, they'll layoff A LOT of people before acquiring companies for billions of dollars. I was laid off shortly before they finalized the Silver Peak acquisition during covid.
How much money is HPE willing to throw at networking equipment and software? I guarantee you that Juniper is going to get swallowed into the cr*p shoot that is Aruba if HPE follows through with the acquisition.
HPE's philosophy is if they can't do it themselves, they'll buy it and innocent bystanders get let go in the process.
Sink or swim my friend. Don't expect hugs and high fives from HPE. But frankly, I will say that it's better than Dell.
It really doesn't matter this is a bad move and even it was a good move HPE has a long history of botching mergers. The people running this company don't have a clue thus I would find new job or just goof-off until they WFR you!
There are always cuts after an acquisition. Common functions are eliminated. This includes HR, Finance, and some sales and marketing. Usually product teams are safe.
That’s something that will only be determined with time. In any Acquisition there are functions that are being duplicated. At a certain point a decision would have to be made as to what these means for people from both the acquiring and acquired company. No standard approach