Juniper Networks India Faces 10-15% Job Cuts Amid HPE Merger: Report – News18
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Both companies have indicated that they anticipate the merger to be finalised either by the end of 2024 or in early 2025. (Representative image)
The American company currently has approximately 3,500 employees based in India.
Juniper Networks, a leading provider of networking products and solutions, is reportedly poised to trim its India unit by 10-15%, resulting in the potential loss of nearly 500 employees, as it merges operations with Hewlett Packard Enterprises (HPE).
As per an Economics Times report, the job reductions are seen as a natural progression. Once the regulatory procedures are completed, facilitating the merger with HPE, the India workforce could see a decrease of 10-15%.
The American company currently has approximately 3,500 employees based in India.
The merger is expected to impact functions across sales, marketing, shared services, product development, and research and development.
Both companies have indicated that they anticipate the merger to be finalised either by the end of 2024 or in early 2025.
Back in January, HPE declared its firm commitment to acquire Juniper for approximately $14 billion in cash. HPE’s CEO, Antonio Neri, characterised the acquisition as a strategic manoeuvre aimed at expanding HPE’s reach, particularly within the networking sphere. Following the merger, Juniper’s CEO, Rami Rahim, is set to helm the unified networking business.
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