PCR Tech and IT retail, distribution and vendor news
Lenovo has confirmed that up to two per cent of Motorola’s global staff have been made redundant.
The company has not officially confirmed where these employees are based and declined to provide a specific number.
A statement from the company read:
Lenovo today announced a resource action impacting less than two per cent of its approximately 55,000 employees globally. The majority of the positions being eliminated are part of the on-going strategic integration between Lenovo and its Motorola smartphone business as the company further aligns its organisation and streamlines its product portfolio to best compete in the global smartphone market.
The company is also making adjustments in other areas of the business as part of a continued effort to manage costs, drive efficiency and support on-going improvement in overall financial performance. While these actions are never easy, they are a necessary part of our continued efforts to ensure long-term, profitable growth across all of our businesses.
Lenovo is absolutely committed to Chicago and we plan to maintain our Motorola Mobility headquarters there. Chicago has a well-deserved reputation for technical excellence and as the hub of our global R&D for our smartphone business we expect to take advantage of local talent to continue developing Moto products there.
