IBM is to cut 1,000 jobs at its Hungarian hard disk drive unit IBM Storage Products Hungary by the end of September.
Of the 1,000 jobs from a 5,000 strong workforce, 850 are contractors.
IBM's HDD operations are currently in the process of being sold to Hitachi, which is set to pay $2.05 billion for an initial 70% stake.
This will rise to 100% over three years.
The Hitachi deal has not yet closed, but when it does some 18,000 staff will transfer to the new Hitachi-led HDD venture.
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IBM To Cut 1,000 Jobs At Hungarian Unit
IBM is to cut 1,000 jobs at its Hungarian hard disk drive unit