IBM cuts pay for workers who don't keep up: Report

CNBC reports:

IBM is slashing the salaries of some of its employees for not keeping their skill set sharpened, according to a report from ComputerWorld.

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Selected employees in IBM's Global Technology Services strategic outsourcing group received a memo on Friday stating "that some managers and employees have not kept pace with acquiring the skills and expertise needed to address changing client needs, technology and market requirements."

The memo states that workers will need to dedicate one day per week to training so that they can "focus on learning and development."

This wouldn't be too popular with the tenured types running America's educational system.