Softpedia: Juniper Networks will lay off around 6% of its employees as part of the company’s integrated operating plan (IOP). Some changes are also being made to the company’s product portfolio. The decision to axe 6% of the close to 9,400 workers is expected to result in charges of around $35 million (€25 million) in the first fiscal quarter or 2014.
The money represents severance and other expenses related to employee termination. Most of those who will be laid off occupy middle management positions.