Just heard a large number of folks in E-commerce were told today they were being let go. Anyone else hear anything?

Is it odd that 4 out of 6 of my managers were absolute dimwits?

Just heard few IDG folks have been impacted. Anyone knows how extensive this is?

Layoffs are currently underway at Lenovo. How extensive are the cuts? Has everyone affected already been notified? Can anyone share more info? Wishing everyone the best.

The sales GMs are so focused on empire building while having 0 financial acumen. Who decides to consistently pursue deals with lower single digit margins? If relationship management is part of their job description, it means staying true to fiscal... — read more 

HR transition calls, no direction and really no communications. Obviously getting ready for cuts. What a poor job of transitioning people.who, what, when is this happening? Do you know?

Looks like they are they only ones we can convince to join!

Much talk currently about changes coming to ISG in April.

Salaried full time Talent Acquisition Specialists were hit hard the past 3 ish years with rounds of layoffs and they are now hiring a Talent Acquisition Specialist Contractor and also they are hiring a separate hourly band 5 Talent Acquisition... — read more 

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