According the the WSJ
Is it a trend or company specific.
IBM is cutting 2000 jobs this week according to the WSJ as the company continues to shift its business to "high value segments".
IBM has been on a long slide as it tries to right its business model. The stock price reached the lowest level since 2009 in December at 105.94. The current price is at 133.83. THe high for the year reached $145.39.
