Updated Jul. 19, 2012 at 5:34 p.m.

Premium Lock Lenovo's CEO shares $3M bonus with 10,000 employees

Published: 2012-07-19 17:25:00
Updated: 2012-07-19 17:34:57

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Lenovo chairman, CEO Yang Yuanqing  Yang Yuanqing, chief executive officer of Lenovo Group Ltd., speaks at an event in Beijing, China, on Tuesday, May 8, 2012. Photographer: Nelson Ching/Bloomberg Image 1 of 2 · Next Image…

Yang Yuanqing eanrs a bonus for the performance of the world's No. 2 PC maker. He decides to share the wealth with employees as a "special reward."...

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Does that qualify as 'socialism?'

At least he had a 'profit sharing' plan, to his credit.
After all the layoffs, the people left standing get a $300 check!
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