Juniper to reduce jobs despite Q3 revenues

10/23/2013 | Bloomberg · TelecomEngine.com

Juniper Networks said it plans to immediately reduce its workforce by 3%, cutting about 280 jobs, despite third-quarter revenues of $1.19 billion. The network-gear-maker said it is optimistic about revenue expectations for the fourth quarter despite a potential sales dip in the federal-government sector because of the shutdown.

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Bloomberg · TelecomEngine.com

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