CNBC's Jon Fortt Doubts IBM Is Laying Off 100,000 Employees

Reports surfaced on Monday suggesting that
IBM
(NYSE:
IBM
) is planning a massive reorganization involving 26 percent of its workforce was questioned by CNBC's Jon Fortt. According to
Forbes's Robert X. Cringely,
Shares of IBM were trading higher by 1.65 percent during Monday's trading session as investors and traders were made fully aware of the conflicting layoff numbers.
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