Start the conversation
According to Forbes, International Business Machines (NYSE: IBM) is about to undergo the largest reorganization in company history. Dubbed, Project Chrome, the upcoming event could see up to 26% of the firm's employees, or 100,000, receiving pink-slips. IBM has flatly denied the report. However, the company's stock continues to slide regardless of today's news… As Michael Lewitt explained this week, the stock is struggling in its "turnaround" attempts and can't seem to rebound. To learn how you should play IBM stock today, be sure to read Michael's take right here.