IBM Corp chief Louis Gerstner is maintaining his target of $8,000m in costs savings before 1996 but It might change, depending how the market develops, he said, adding that the company is on line to hit the target but he would not be worried if the goal was missed – Those are no magic figures written on my wall – I do not think in those terms, he said, adding his aim was to benchmark IBM’s cost margins with the best in the industr: When I compare IBM with our competitors I do not look at their headcount, I look at productivity per employee, costs per employee, cost per product, he declared.
