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Archive Home > 2009 > January > 08 > Data company plans layoffs, better profits

Data company plans layoffs, better profits


January 8, 2009

Data storage company EMC says it expects fourth-quarter earnings to beat Wall Street expectations on growing sales. However, the Hopkinton, Mass.-based company announced it will lay off 2,400 workers, or about 7 percent of its staff, consolidate facilities and reduce costs to boost its....

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