BradReese.Com Cisco Hardware Quotes Call Toll Free 877-549-2680 or 828-277-7272

Home About Repair Power Supplies Refurbished Blog Quick Links Site Map Contact Us

Brad Reese speaks out
Learn more about Brad Reese...


Power Supplies

VoIP Gateways

Cisco Repair

Refurbished Cisco

Cisco CPQRGs

New Cisco

New HP ProCurve

Cisco Tools

Competitive Lab Tests

Tech Forums

How-to Tutorials

CCIE Gossip


View archive of Brad Reese speaks out

Subscribe to Bloggers speak out on BradReese.Com

Billionaire Paul Singer attacks $159K software engineer salaries at Juniper Networks

According to Forbes Magazine, Paul Singer the CEO of Elliot Management was personally paid a staggering $300 million this year. Yet earlier this week, Singer attacked the software engineers of Juniper Networks because they had earned meager annual salaries of $159 thousand.

Hummelstown, PA:   Thu, 1/16/14 - 1:01pm    View comments

Paul SingerJuniper NetworksElliot Management CEO Paul Singer made the following statement in a leaked January 23, 2012 confidential report to his investors:

"Resentment is not morally superior to earning money."

Perhaps Singer is the ultimate hypocrite.

How so?

Well, because according to Forbes Magazine, during 2013 Paul Singer was personally paid $300 million for a year's worth of work. Yet earlier this week, Singer showed his resentment towards the software engineers at Juniper Networks because they had the ability to earn salaries of $159 thousand:

Juniper is Recognized as Paying the Highest Average Base Salary

Juniper has been recognized as paying the highest average base salary to software engineers, ahead of many technology stalwarts with larger revenue bases and market caps and better performance. This ranking supports the cost structure analysis that shows that the Company has excessive R&D levels relative to peers.

We have held extensive interviews with numerous industry experts that have stated that a $200M+ reduction of operating expenses is prudent and highly achievable while still enabling the company to maintain targeted investments in growth areas.

25 Highest Paying Companies for Software Engineers 2013

Related document:

Elliot Management's Perspectives - Juniper Networks

Related story:

Forbes Magazine: Paul Singer's Hedge Fund Means Business In 2014, Launches Campaign Against Juniper Networks

What's your take?

Contact Brad Reese

Subscribe to Bloggers speak out on BradReese.Com

Brad's Favorite Story Picks

  1. Cisco wins fight against Net Neutrality
  2. Former top Cisco executive Brian Schipper new VP of HR at Twitter
  3. Rumor Cisco product development engineers penalized for reporting security issues
  4. Unconfirmed rumor: Cisco does not adhere to their own NDA regarding CCIE lab exam
  5. Cisco senior management shake-up: Marthin De Beer out, Pankaj Patel in
  6. Top Secret National Security Agency (NSA) JETPLOW firmware persistence implant (backdoor) for Cisco firewalls
  7. Cisco Express Forwarding (CEF), NetFlow and OpenFlow - Mike Patterson
  8. Cisco gold partner MicroTech center of $1.4 billion federal contracting scandal
  9. Cisco spy issue could affect the war on global terrorism
  10. Cisco CCIE emeritus star Greg Ferro SLAMS Cisco's SDN platform: Application Centric Infrastructure (ACI)
  11. Cisco's switching, wireless, security and web conferencing market shares have plunged
  12. Cisco has purchased the domain name Collaborate.Com
  13. Cisco's data center CAGR to plummet -99.51%
  14. Cisco FAC 2013 key takeaway: John Chambers is totally irrelevant
  15. Skype defeats Cisco
  16. ODM Direct server revenue is growing as fast as Cisco's UCS server revenue
  17. Why Cisco's Board of Directors should be replaced
  18. Unconfirmed rumor: Ex-CIA Operations Officer Mike Quinn will retire from Cisco
  19. Cisco's star end-to-end customer, Royal Bank of Scotland, does NOT have 'Good Enough" Network according to its CEO!
  20. View the archive of Bloggers speak out on BradReese.Com
comments powered by Disqus

CCIE available Metro DC

Supplement Cisco SMARTnet Contracts


©2014 BradReese.Com - Home - About - Repair - Power Supplies - Refurbished - Blog - Quick Links - Site Map - Contact Us