Lenovo 3200 deletes jobs after profits halved




Lenovo 3200 deletes jobs, now the company recorded a profit that was half lower than a year earlier. The layoffs will take place outside the company’s plants and affects one tenth of the workforce outside the factories.

Lenovo logo Although Lenovo to own say “performed well in a difficult market,” the company is still cutting back because the numbers are not what were the expectations. The company is carrying out a reorganization that $ 1.4 billion – converted 1.2 billion euros – should yield annual savings.

As a result of the reorganization lose 5 percent of the 60,000 Lenovo employees jobs. It involves a total of 3,200 jobs of those who work outside all the production departments. This involves going to 10 percent of the jobs outside the factories.

Lenovo took in the last quarter revenues of 10.7 dollars mijard, 3 percent more than the year before. Operating profit, a good indicator of the financial health of a company, however, fell from 291 to 96 million; a decrease of 67 percent.

Especially Motorola Lenovo part was heavy. The quantities of smartphones dropped by 30 percent. The number dropped delivered PCs by 7 percent to 13.5 million. However, the decline was smaller than the contraction of the entire PC market, Lenovo claims. In the field of tablets Lenovo came to 2.5 million copies, making it in their own words the world occupies the third position.


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