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Selected employees in IBM’s Global Technology Services strategic outsourcing group received a memo on Friday stating “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.”
The memo states that workers will need to dedicate one day per week to training so that they can “focus on learning and development.”
But during their training, employees will also receive a 10 percent pay cut.
“While you spend part of your workweek on learning and development activities, you will receive 90% of your current base salary,” the memo states.
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One unnamed IBM employee who was selected for the program said this is IBM’s attempt to get specific employees to quit instead of having to pay them their severance, according to the ComputerWorld report.
CNBC reached out to IBM for comment, but did not immediately receive a response.