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Lenovo Plans To Cut 50 Jobs At USA Headquarters
October 27, 2008 |
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China's Lenovo (LNVGY), the world's fourth largest PC manufacturer, has announced that as a part of its global displacement plan, the company will lay off 50 workers at its global headquarters in North Carolina in the United States.
Lenovo's spokesperson Ray Gorman stated that the layoffs are part of the company's worldwide restructuring and the displacement will last from now until the end of the year.
Lenovo has about 1,680 employees in Morrisville, North Carolina. Although facing the layoffs, Gorman says that the company is in the process of building its third office complex in this area and the building will be put into use before the end of 2008. In regards to the scale of layoffs in other regions, Gorman declined to specify how many workers would be laid off worldwide. He says they are taking some restructuring actions and these actions are due to the unprecedented global economic crisis. The layoffs will be implemented on a geography-by-geography basis. Some countries will be taking action and some will not.
Not long ago, analyst firm Gartner released a report on the global PC shipment in the third quarter of 2008, which says that Lenovo's PC shipment increased by more than 500,000 to 5.9 million units compared with the same period last year, while its market share decreased from 7.8% to 7.3%.
In April 2007, Lenovo cut 1,400 jobs across the world.
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