Jan 24

No bonuses for 2013 for IBM chief executive and senior management

According to BBC, IBM chief executive and senior management will forgo bonuses for 2013 because of falling profits. the biggest drop came from Brazil, Russia, China and India – 14% during the year. But in last quarter of 2013, the company made 6% ($6.19 billion) jump compared to previous year. IBM will built in near future 15 new centers for data centers and cloud-storage business.

Via: bbc

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