Thread regarding Lenovo layoffs

Next adjustment / lay-off coming in the fall

Probably October

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| 3661 views | | 18 replies (last October 29, 2019) | Reply
Post ID: @OP+ZVnCPCi

18 replies (most recent on top)

Travel freeze is on so this may be a sign of something to come.

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Post ID: @1Qapj+ZVnCPCi

22% decline in server sales last quarter. Yes. There will be layoffs in the US.

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Post ID: @1Ifyh+ZVnCPCi

Any news on the fall layoffs?

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Post ID: @1Eqlf+ZVnCPCi

Strong growth in PCs (15% YoY) but the 22% decline in Servers is hard to justify, especially when telling investors the focus is on premium-to-market growth in server. Hoping there are no layoffs this time but with that performance would not be surprised.

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Post ID: @1Crxx+ZVnCPCi

Any updates on this? Things have been "eerily" quiet lately.

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Post ID: @1Cxdb+ZVnCPCi

What are the betting odds? October 10th?
October 31st?

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Post ID: @1jejn+ZVnCPCi

Winter is coming!

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Post ID: @1ceua+ZVnCPCi

Layoffs ARE coming.

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Post ID: @1cezt+ZVnCPCi

Execs are paid to talk the company up.
The only streak that will continue is the streak of layoffs that average twice a year now.

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Post ID: @yeel+ZVnCPCi

Execs still selling us on the idea that the "streak" continues. At the same time, something does not feel right lately.

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Post ID: @wnat+ZVnCPCi

Tariffs have to be paid when system enters the US and before the final sale is realized. Do you think Lenovo is going to ship extra systems?

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Post ID: @qjje+ZVnCPCi

That doesn't seem accurate. If Lenovo shipped too many units then why are there MASSIVE delays in fulfillment. Seems like if units were in stock, orders would be fulfilled faster.

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Post ID: @mfzt+ZVnCPCi

Bad. Lenovo shipped extra systems pre tarrif to fill supply chain. Now inventory is too high.

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Post ID: @jqxd+ZVnCPCi

Shocking in a bad way or in a good way?

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Post ID: @gbti+ZVnCPCi

1st q results fy 2019/20 will be shocking.

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Post ID: @fkus+ZVnCPCi

A business out of control. Last q results down , from previous year, and previous quarter. Layoff in october is in the planning, Has to happen,

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Post ID: @fugv+ZVnCPCi

Company wide or department specific like the last one?

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Post ID: @2uud+ZVnCPCi

Confirmed.

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Post ID: @aeg+ZVnCPCi

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