WASHINGTON -- A once-powerful tech industry trade group has been shedding clients and losing senior staff, according to internal firm documents obtained by The Huffington Post, dealing another blow to an industry that has stumbled repeatedly in its attempts to navigate official Washington.
At least 75 clients have abandoned the lobby shop TechAmerica since July, according to the documents, including industry giants General Electric, European Aeronautic Defense and Space Co., Samsung Semiconductor, IHS and Venable. Other members have threatened to leave and been rewarded with dramatically reduced membership dues, according to people familiar with the situation.
A TechAmerica spokeswoman said that the departures were not a sign of an imploding organization, and that news of them was leaked to HuffPost by someone with an "ax to grind."
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