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Disney Contracts with IBM

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  • Disney Contracts with IBM

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    IBM spokesman John Buscemi confirmed that IBM stood to receive roughly $730 million over seven years. Earlier on Monday, Affiliated Computer said in a regulatory filing that its seven-year contract with Disney was worth $610 million. Neither company would say how many jobs would be affected, but sources said that Disney planned to transfer one-third of its computer services employees, or 1,000 of Disney's 3,000-strong technology staff, to outside contractors.

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