How many RTP employees will lose their jobs to put the name on the old PNC Arena?

When will reorg happen? What department will get hit hardest? What happened to the vp Charles Ferland? Just trying to gauge if I should reply to all the recruiter emails. What is severance?

Big merge for both orgs. Double management layer, duplicated roles. Will this lead to layoffs ? Will it favor the majority group?

On his own terms or Lenovo terms I wonder.

Seems like smaller scale resource actions are going on. Colleague from IDG just got news last week on being let go. Totally blindsided, as they were told last quarter they were safe.

So what are our thoughts? VPs and EDs sem more clueless than ever

People told today that their last day will be March 31. Multiple departments affected by the layoff.

Are the rumors about ISG layoffs true? Reorg would mean layoffs are coming.

Other posts state ISG layoffs will happen soon. So, what date will people be notified?

Is this going to be a complete reshuffling? Are head going to roll?

Thoughts? Impending layoffs? https://www.wsj.com/finance/stocks/lenovo-shares-fall-after-intel-guides-for-soft-sales-c9e6de3c

How does Lenovo management not understand the optics of having an 8AM mandatory all hands after a holiday weekend to show a US representative how much employees love Lenovo and how "Chinese" they aren't. This is the most Chinese thing you could... — read more 

Has anyone heard about any ISG layoffs? Any idea who's group affected and what is timing?

Anyone knows whether there'll be layoffs or RA's again? EDs are being shuffled around, reporting to each other just bloating executive levels. Lower level employees are disappearing.

Seriously? This company is laying of all the useful people again and again - not sure how they are going to complete? Many Layoffs confirmed in IDG....

Lenovo is an appalling company to work for and I really feel it is important to warn and protect those that could be considering taking a position at this hellhole. Please consider leaving a Glassdoor review of your experiences to help others avoid... — read more 

Maybe someone has more detailed insights.

https://www.theregister.com/2023/05/24/lenovo_q4_2023_profit_sales_crash/ Chinese powerhouse Lenovo is feeling the burn as demand for personal computers continues to melt in a post-pandemic world. The world's largest maker of PCs reported revenue... — read more 

https://wraltechwire.com/2023/04/07/lenovos-recovery-triple-play-reignite-pc-growth-boost-other-revenues-step-up-tech-recruiting/ Something doesn’t line up here? First it was the layoffs in Dec (effective Jan 30, 2023) that were kept hush hush and... — read more 

I hate it. Useless managers are dedicated to somehow trying to convince us that the company is in great shape. Why do they do that? Do they really think that we can't see that it's sinking and that there isn't much hope that it will get better any... — read more 

https://wraltechwire.com/2023/04/19/lenovo-confirms-layoffs-with-computer-sales-plunging-worldwide/

People were told today that they are being laid off and their last day will be May 15th. Multiple departments affected.

I hope at least that the cuts won't be big, but I'm already trying to find a new opportunity somewhere else. Are layoffs inevitable when the leadership decides to cut costs?

Lenovo is aiming to reduce its run rate operational expenses by approximately $150 million to achieve a medium-term goal of doubling net margin, its chief financial officer, Wong Wai Ming, added. "This includes overall reduction in operational... — read more 

https://wraltechwire.com/2023/02/09/layoff-watch-is-on-at-lenovo-after-huge-drop-in-global-pc-sales/

For those that are affected, look at your unvested HSA (or whatever it is called). That account is held in escrow until you are laid off. It is extremely rare for anyone that is let go to have a vested balance. Mine was about $29k when laid off. My... — read more 

Layoffs will always occur in months that end on a Friday, Saturday, or Sunday. It makes the accounting easier. That means even December is game if the 31st is on a Saturday Bonus hint: Layoffs occur after elections not before. No company wants... — read more 

Lenovo, one of the Triangle’s largest tech employers, confirmed Monday that companywide job cuts will affect its local workforce. Postings on the online message board TheLayoff.com suggest job cuts at Lenovo began late last week. The PC computer... — read more 

https://wraltechwire.com/2022/12/09/blindsided-lenovo-confirms-layoffs-but-denies-report-of-10-cuts/?amp=1

It's happening today, a lot of experienced and good, quality people are being affected.

10% reduction being rumoured

It is meaningless to be a dedicated employee here, considering that it is precisely those who are the most dedicated - the least valued. When I leave Lenovo, the main reason will be the terrible management. Isn't that the biggest reason why many... — read more 

In a piece published over the weekend: https://www.theepochtimes.com/chinese-internet-trolls-business-is-patriotism_4138557.html an analysis reports that Lenovo continues “not shy away from its deep Chinese military ties” an remains a serious... — read more 

PC Shipments Plunge Nearly 20%, Steepest Drop in More Than 20 Years Wall Street Journal It is going to be a tough year for Lenovo Get the resume ready

I'm unsure how much more of the constant news of hiring freezes and layoffs in tech I can take without going bonkers. I know things like this happen occasionally but I don't remember that it was ever this bad for so many companies - including the... — read more 

I know profit is important, but when you're willing to go after profit at all costs then the company is going to suffer and ultimately fail. When they put profit above knowledge and experience by laying off some of the best and most senior employees... — read more 

I love my job, but I don't love it so much that I constantly work overtime to get everything done. The manager does not care that his expectations are unrealistic, because he has probably never tried to do such a large amount of work by himself... — read more