CBIZ Exiting Technology Business

Steve Gerard CBIZ has decided that it can't make enough money in its technology business and will wind down the operations over the next six months as client projects are completed. The company has concluded that after two money-losing years, it can't effectively compete and generate a profit it can live with. The decision that it has effectively exited the business at the end of 2009 was announced this week during the Webcast of the company's fourth-quarter financial results.


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