Lenovo Group to cut 450 jobs in China
China based personal computer maker Lenovo Group has announced that they would now cut 450 jobs in the domestic market as part of their cost cutting initiative.
The company said that these job cuts would be applicable on positions that support Lenovo’s global business.
Yang Yuanqing, the company’s CEO had [...]

Lenovo Profits down due to slowing sales

China based personal computer maker Lenovo Group has come out with their latest revenue report.
The company has posted profits which have dived 78 percent compared to the same period last year.
Lenovo said that their revenues suffered due to the global economic slowdown which hit their sales and [...]