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IBM to Lay Off 5,000, Transfer Work to India?

9:46 AM MDT | March 26, 2009 | Esther D'Amico

IBM plans to lay off about 5,000 U.S. workers, roughly 1.3% of its total workforce, and transfer much of the work load to India, according to a recent story in the Wall Street Journal. The article cites sources “familiar with the situation.” IBM did not respond for comment by CW...

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