Lenovo to lay off 2,500 employees

[OhioChick]

Source: India Times Infotech

8 Jan, 2009, 1003 hrs IST,AP

HONG KONG: Lenovo Group said that it will lay off 2,500 workers, or about 11 per cent of its work force, as part of a plan aimed at helping the computer maker to remain competitive amid the global economic downturn.

The Beijing-based company, the world's fourth-largest PC maker, also warned it expects to report a loss for its fiscal third quarter ended December 31.

"As hard as this news is for all of our Lenovo employees, we believe the steps we are taking today are necessary for Lenovo to compete in today's economy, and in the long run, will help us to continue to deliver exceptionally engineered PCs to our customers worldwide," William J Amelio, Lenovo's chief executive, said in a statement.

Lenovo said the job cuts will come from across the company's global operations.

The company also plans to cut executive compensation by between 30 per cent and 50 per cent, including merit pay, long-term incentives and other performance-based payments this year.

In addition, Lenovo said it is consolidating its Asia Pacific and China operations into a single business unit.


Read more: http://infotech.indiatimes.com/News/Lenovo_to_lay_off_2500_employees/articleshow/3950276.cms

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1. And their computers are some of the best around

I wonder what others will be doing soon. HP is building a new plant here in albuquerque; I don't have very high hopes that this will turn out well.

[CatholicEdHead]

2. True, for the ones that do not deviate much from the original IBM designs

The R- and T- Thinkpads and ThinkCentres are fine, the SL- no so, much less any IdeaPad or IdeaCentre.

If you go beyond the IBM designs, original Lenovo machines are not much better than other generic boxes.

/typing on an R61 with a 3000 J115 next to me

[merwin]

4. I have a new Thinkpad R61 and a Lenovo 3000 N series that is a couple years old.

Both of which are rock solid. I got the 3000 right after they first came out. Sure, the 3000 series is no Thinkpad, but it's a reliable computer.

We sell primarily Lenovo at the company I work for (we do business IT consulting). We got one of their new servers to use as a VMware ESX server and I have to say, it was the easiest thing to open, add drives, CPU, RAM, etc. All of their machines are made to be easy to open in order to swap out or add hardware, even their servers.

They do have a great hardware design team, I would say second to Apple right now, and give great kickbacks to their resellers.

Unfortunately, I think many of the reseller incentives will go away with this. The quality of their machines are sure to suffer as well. Next thing you know, they'll get bought by Dell :)

[frylock]

3. they're nice..

building out a T-400 for a client right this moment. Their customer service is top-shelf as well.

[no limit]

5. Thankfully I haven't had to deal with their customer service yet

but I have heard that as well.