If layoffs at Lenovo come as a surprise to you, then it's your own fault. Everybody should know by now that layoffs are simply a fact of life here. The best thing you can do is be prepared all the time. Keep your resume updated and make sure you're networking even when not searching for a new job. That's all any of us can do.
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It doesn't matter how much work you do or how much money you bring into the company. I was well over quota, made President's Club, and I was still laidoff. In my over 10 years at Lenovo, I have noticed two types of employees that the management (former IBM employees who are now managers, directors, and executive directors at Lenovo) tend to favor: #1 other former IBM employees and their families AND #2 they favor the brown nosers. If you fit in either category, you're safer than most of the others. I'm not the only one who noticed this phenomenon.
Your only job at Lenovo should be looking for a job to leave Lenovo. I don't care who you are at this company, you are meaningless to them. All you are is an expense on the balance sheet, nothing more. Getting laid off, even when saving the company on average $30M in expenses per year, I was meaningless. The phone call 3 months later to comeback was funny when they overspent by $36M that quarter. But to Lenovo, I was looked at as a $200k burden rate annually on the company (all of you are btw). Although the fear of being out of work was overwhelming for a few days, reality set in and interviews started rolling in before my last day. I had a few contract offers before being let go and started to get RFT offers shortly after.
My recommendation is to do what others did during that 30-day window to leave. I know 3 people in my organization that took 2-weeks vacation, knew the manager was gone on vacation too, then gave 2 weeks notice while he was gone, and left the company. No work transition or anything...just leave. They all had job offers from competitors and other companies. Take a lesson from those people, get your next job in order, take a 2-week vacation, give your 2-weeks notice upon return and just tell them you are taking another 2-weeks off. Drop your laptop, badge, company card on the managers desk and walk out.
True enough although some much wiser than me made their escape to greener pastures preemptively rather than waiting for the deep cuts (referencing DCG in particular).
Has DCG ever been profitable?