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One option for preventing Social Security cuts is to push back full retirement age (FRA), which is when seniors can collect their complete monthly benefit without a reduction. Right now, FRA is 67 ...
On Jan. 1, IBM put the brakes on its dollar-for-dollar 5% employee match in its 401(k) plan and began providing most of its US workers a portable "retirement benefit account."
Half of U.S. workers would accept a pay cut to work remotely, with 26% willing to take a 5% reduction and 24% open to cuts of 10% or even 15%, according to a FlexJobs survey cited by Newsweek ...
Salaries were cut for all management positions, beginning at 15% for lower-level managers and going up to a 70% cut for CEO Carlos Alberini and chief creative officer Paul Marciano.
Companies almost never offer employees pay cuts in the lead-up to layoffs, despite a willingness of workers to accept even deep reductions in wages to avoid losing their jobs, a new study finds ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
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IBM's shares are up about 0.8% at $201.12 in a 52-week range of $181.85 to $215.90. Filed under: 24/7 Wall St. Wire, Business Services, Jobs, Services, Technology Companies Tagged: CDI, featured ...