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July 20, 2011 10:11 PM
Posted by: Linda Tucci
CIO management, Cloud computing, innovation, IT transformation, Tech layoffs
State Street tech layoffs: IT transformation’s dark side
Posted by: Linda Tucci
State Street Corp. announced this week that it is cutting 530 of its "non-client-facing" IT employees over the next 18 to 20 months, and shifting an additional 320 similar IT workers to outsourcing vendors IBM and Wipro Technologies. Application maintenance services are going to Wipro, while IBM...




