Thread regarding Accenture Ltd. layoffs

IBM’s (NYSE:IBM) week ended in a hail of bad news

IBM’s (NYSE:IBM) week ended in a hail of bad news. After reports surfaced Thursday detailing thousands of job cuts at the company, things got worse when Accenture (NYSE:ACN) delivered a sales forecast that fell short of analysts’ estimates, sending the company stock to double-digit losses. As a result, IBM was burdened during Friday trading in New York, losing over 2 percent.

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