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May 04, 2005

IBM to fix bad quarter by axing 13,000 jobs

The Register: “The actual layoff range provided by IBM stretches between 10,000 and 13,000 workers, who will be axed via both voluntary and involuntary means. These actions will lead to IBM taking between a $1.3bn and $1.7bn charge in its second quarter.”

Posted by Oleg Ivrii at May 4, 2005 08:12 PM



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