Cisco (CSCO) may be conducting layoffs, but it's happy to hire six executives from rival Juniper...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco (CSCO) may be conducting layoffs, but it's happy to hire six executives from rival Juniper (JNPR), including Juniper's service provider sales chief for the Americas. Cisco and Juniper have a near-duopoly in the market for high-end (i.e. "core") routers for service providers, and are also fierce competitors in several other markets.