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Technology Stocks : IBM

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From: Sr K	6/8/2019 8:16:26 AM
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First post in over 7 months. IBM Cuts About 2,000 Jobs Company continues to shift its business toward ‘high-value segments’ By Updated June 7, 2019 1:53 p.m. ET International Business Machines Corp. is cutting about 2,000 jobs in a round of layoffs this week, according to a person familiar with the matter, as the technology giant works to reshape its business. “We are continuing to reposition our team to align with our focus on the high-value segments of the IT market, and we also continue to hire aggressively in critical new areas that deliver value for our clients and IBM,” a company representative said in a statement.

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