Lenovo Layoffs Job Cut: fires 2500 employees: Finance Trading Times

Lenovo Layoffs Job Cut: fires 2500 employees

After Dell Layoffs News, another computer maker is going for layoffs. All sectors are feeling the heat in the worst of its times and the tech sector companies are no exception to it. The latest one to add to the list is, Lenovo, which is the fourth largest computer maker, has decided to fire around 2500 employees globally and go ahead with its planned layoffs. Lenovo  Layoffs

How many employees may be fired in the Lenovo layoffs?
Around 2500 employees will be fired globally. That will include 250 job cuts in US at its Research Triangle Park. That will be a total of 11 percent of job cuts on a global basis.

What is the total no. of employees at Lenovo layoffs?
Lenovo currently has about 650 employees at RTP facility.

When will the Lenovo layoffs happen?
The layoffs have started today, as per the email received by the employees from the top management.

Which locations will Lenovo Layoffs happen?
The lenovo layoffs will mean that the company is closing down the Toronot based call center completely. So, though there will be job losses at RTP facility in US, some more may be hired for its call center transfer from Canada. That no. is expected to be 150 new hires.

Which department will be hiring new joinees for Lenovo ?
The new guys will be in sales and tech support groups.

What are the reasons for Lenovo layoffs?
Worsening global financial situation, competition, lack of demand and mounting costs are some of the reasons quoted by the management to justify the layoffs.

What is the notice period of Lenovo layoffs?
It varies from 2 days to 60 days.
Let's hope that alternative jobs are available to the affected employees of Lenovo Layoffs Job Cut
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1 Comment: Post your Comments

Anonymous said...(on 1 February 2009 at 07:08 )  

Just a correction. In fact, the "Canada and US" call center offices are not located in Canada, so the dismissal will actually be in Brazil, where all these operations (order entry, warranties, callcenter, financial, billing, etc) are centered.
1/3 of the local workforce have already been dismissed.

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