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Earlier in the day, technology website The Register reported, citing unnamed company insiders, that IBM plans to reassign up to 30 percent of staff in its 103,000 computer service delivery business this year with job cuts through attrition of around 10,000. (http://bit.ly/2D0YMkl)
"Many consultants recommend things to IBM, many of which remain merely recommendations," IBM said.
IBM, one of the world's original PC producers but now a broad-based producer, integrator and software maker, beat expectations for revenue in its last quarterly results in October after 22 straight quarters of declines.
The company's shares were marginally up in after-market trading.