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EMC Splits Into Three: Page 4 of 4

While the reorganization is a way for EMC to streamline its costs, collapsing over ten departments into three concise operating units may cause some jobs to become redundant. EMC has not announced any additional layoffs, yet.

EMC's stock closed up 2.46 percent at $17.10.

— Jo Maitland, Senior Editor, Byte and Switch
http://www.byteandswitch.com