Hot news: HPE acquired Juniper networks. What are the consequences?
So my wife works for Juniper networks and there is a news that hit today saying HPE will acquire Juniper. Has anyone worked at the being acquired company? What are the chances of layoffs at Juniper? Wife is freaking out. #telecom#networking#tech
Depends, what does your Spouse do?
She is part of Customer Focused Technical support team. Not involved in any development
Does HPE have a similar team that she could be absorbed into?
Reported you for potential insider trading. Feds will be on your case right away.
Haha Google. It's all over the news. Why not GOOGLE it?
I was joking. There were rumblings before as well but glad it's official.
How long after acquisition
When do they typically announce lay offs (if any) and severance packages?
Is it acquired already or still a speculation?
It's definitely not speculation. Stocks have values updated for take over. Only question of When it becomes official.
HPE has a long history of acquisitions and a lot of layoffs that follow usually. Source - my spouse was affected a while ago by hpe acquisition.
That's sad. What do you recommend?
Just be prepared for worst case