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Tuesday, September 16, 2014

IBM cuts pay by 10% for workers picked for training | Computerworld

IBM cuts pay by 10% for workers picked for training | Computerworld


IBM has initiated a new training program that will cut the pay of participating employees by 10%.
A copy of the Sept. 12 memo, seen by Computerworld, was sent to IBM employees in its Global Technology Services strategic outsourcing group. The memo sent to affected employees begins by telling the worker that an assessment has revealed "that some managers and employees have not kept pace with acquiring the skills and expertise needed to address changing client needs, technology and market requirements."
It then tells the recipient that "you have been identified as one of these employees," and says that from mid-October through the end of March, "you will dedicate up to one day per week," or up to 23 working days total, "to focus on learning and development."

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