Bits and pieces are still filtering out from IBM Corp’s conference call with analysts after its third quarter figures last week, and its director of investor relations Jim Clippard finally acknowledged that IBM could cut its workforce even more than the 25,000 announced in December, late in second quarter or in the third quarter: It’s clear to me that they have to go well beyond the 25,000, said PaineWebber analyst Stephen Smith, Maybe even 50,000; analysts told Reuter that IBM said the majority of its targeted 25,000 plus staffers will leave the company during the second quarter, leaving it open to another plan in the second half of 1993.
