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5 Companies That Had A Rough Week

For the week ending May 4, CRN looks at IT companies that were unfortunate, unsuccessful or just didn't make good decisions.

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The Week Ending May 4

Topping this week's roundup of those having a rough week is Xerox, which has been caught in a battle with major shareholders over the company's direction and which saw its CEO and several directors step down – only to return later in the week.

Also making the list this week are Commvault and CEO N. Robert Hammer, who will step down as the company undertakes an initiative to improve operating margins and boost profitability. IBM makes the list as Warren Buffet's Berkshire Hathaway sells its remain IBM stock, as does Twitter for scrambling to respond to a discovered bug by asking 336 million users to change their passwords. And Oracle scrambled to fix a serious security flaw in its Oracle Access Manager software.

Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves – or just had good luck – check out this week's Five Companies That Came To Win roundup.

 
 
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