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Saturday, January 6, 2007

EMC revises upward planned job cuts for '07


Data storage provider EMC Corp. said in a regulatory filing it plans to cut its workforce by 1,350 jobs this year, 100 more than disclosed in October.

Hopkinton-based EMC, which said it is working to consolidate its business, expects to take a pretax charge of $175 million, or 6 cents per share, in the fourth quarter to cover the upfront cost of the cuts.

-- AP

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