Lenovo announced on Thursday that it will be reducing its global
workforce by five percent, cutting or repositioning
approximately 1,400 jobs in the U.S. and Asia as part of a
continuing effort to increase the company's profitability.
According to William Amelio, Lenovo's president and chief
executive officer, over the next 12 months, the company will be
redoubling its efforts to grow faster and more profitably than
the rest of the industry. In order to do that, Amelio says that
the company will need to make its organization more efficient
and reducing expenses.  To that effect, Lenovo said it will be
streamlining its global supply chain organization by aligning
more work closer to supply bases; integrating its software
testing into the company's China operations; streamlining its
sales and marketing organizations; and centralizing teams and
resources.  Approximately 750 of the 1,400 positions—which will
also include contractors—will be transitioned into emerging
markets closer to Lenovo's suppliers and manu