PC Giant Lenovo Chants ‘We’re Number One!’ While Slashing 3,200 Jobs
Rough quarter Lenovo said it’s planning to reduce its workforce by around 5 percent, which works out to 3,200 job cuts. It’s a cost cutting measure that Lenovo anticipates will reduce expenses by about $650 million in the second half of this year, and $1.35 billion annually. News of the staff reduction came as Lenovo…