Lenovo is laying off a little more than 1,000 employees with the majority of heads set to roll in the US and China. The “worldwide resource action” will impact “approximately two per cent of our approximately 52,000 employees globally,” a spokesman confirmed to The Register in a statement.



Lenovo, which lost its crown as the IT industry’s biggest seller of computers to HP Inc in the second and third calendar quarters of 2017, has struggled to integrate the buys of IBM’s x86 division and Motorola. The strain that these struggling and loss-making purchases placed on the business can be seen in the results in recent years with sales falling and profits sliding in 2016 and 2017 financial years.

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Source: [H]ardOCP – Lenovo Is Laying Off 1,000 Employees