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IBM furloughs US staff as server demand eases
By Agencies Job Market Trend Report
IBM
,
Technology
,
IT
,
International Business Machines Corp
,
Lenovo Group
As demand slows for products such as servers and desperate to protect shrinking profit margins, IBM compels most of its US staff in its hardware unit to take a week off with one-third pay and no-pay at all for executives in the division during the week starting in late-August
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