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Lenovo to cut 450 international employees

By Wang Xing (chinadaily.com.cn)
Updated: 2009-02-25 11:00

皇冠体育app's largest computer maker Lenovo today said it would lay off 450 international employees in 皇冠体育app to further reduce cost.

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Those employees affected are the supporting staff of the company's oversea business, the company said.

"In light of the global economic problems, we must act decisively to reduce costs associated with global staffing and support functions to ensure our competitive strength," said Yang Yuanqing, Lenovo CEO, in a statement. "While our business in 皇冠体育app remains very strong, many of our global support functions have employees based in 皇冠体育app."

The latest round of layoffs will be completed by the end of next month, the company said.