EMC: unspecified number of staff face the chop

Sooraj Shah
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Company forecasts lower-than-expected profits and mentions restructuring plan, but CEO Joe Tucci is positive about the launch of six new products

Technology giant EMC is to cut jobs after it forecast a lower-than-expected profit for the year, but CEO Joe Tucci said that he expects the launch of six new products to bring in more than $1bn (£6...

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