Lenovo cuts some 30 jobs at Morrisville headquarters
Get the latest news alerts: Follow LTW at Twitter.
Local Tech Wire
MORRISVILLE, N.C. – Some 30 works at Lenovo’s world headquarters were told Tuesday that their jobs are being eliminated.
The layoffs represent a 2 percent across-the-board manpower reduction by the world’s No. 4 PC maker.
Ray Gorman, a spokesperson for Lenovo, told Local Tech Wire and WRAL.com that the personnel cuts were intended to “drive efficiencies and lower costs.” Gorman would not cite specifics on how many jobs were cut where but also said the 2 percent figure did apply to the three-building Morrisville campus.
Lenovo has some 1,600 workers based in Morrisville.
However, he said no other cuts are being made outside of the personnel reduction.
Just a year ago, Lenovo went through a major reorganization, including a change in chief executive officer and chairman roles.
“The major point this time is that this is not a large-scale reorganization,” Gorman said. “Some employees in specific departments and locations, including Morrisville, were told that their jobs were being eliminated.
“These decisions are never easy,” he added, “but they help position us to capitalize on opportunities moving forward.
“We’ve had three great quarters in a row and we’ve made a lot of successful product launches over the past five months,” Gorman said. “We have to be in a position to take advantage of opportunities for growth moving forward.”
Lenovo recently returned to profitability and has been rolling out new products almost weekly, including several that were disclosed at the recent Consumer Electronics Show.
Copyright 2012 WRAL Tech Wire. All rights reserved.
Featured
Hot Off The Wire
- Red Hat's new Fedora lead; Cree LED breakthrough; Google, Cisco top 'green' list; Oracle rejects SAP settlement; Yahoo board shakeup
- Will Cisco report progress in its turnaround efforts?
- Cisco server fire threat; Lenovo Android upgrade; cloud startup vs. Cisco; Epic's Blesinski to host awards; Google 'Solve for X'
E-mail Preferences
The Skinny
- Epic Games' Tim Sweeney reaps arts Hall of Fame honor today
- Charlotte's startup efforts pick up steam as more data pours in
- 'Battle in Bay 7' returns - Are you techies ready for some basketball?
- Inside RTP's new angel fund: Founders meeting 'significant' need
- Who won 'Social Bowl'? Super Bowl ads paying fans to play
- RTP broadband firm Overture, minus two top execs, launches new look
- Will RTP-based ChannelAdvisor go public? They're thinking
- What brands are winning Super Bowl hype? Two Durham firms to find out
- In Super Bowl of social media, Patriots win, Triangle firm says
- Big job cuts coming at IBM? Don't be surprised


