Home › News ›

Lenovo to Slash 3,200 Jobs After Motorola Sales Slide

Aug 13, 2015, 6:57 AM by Eric M. Zeman

Lenovo today said it plans to reduce its headcount by as many as 3,200, or about 10%, as it looks to reduce expenses. The company reported earnings and said sales across its various business units dropped by 9% during the quarter. Lenovo's Motorola unit saw a significant drop in shipments, which plunged 31% to 5.9 million phones during the quarter. The company blamed the poor performance on competition in emerging markets. Even though Motorola's sales sank, Lenovo CEO Yang Yuanqing expressed confidence in the division "I still believe mobile is a new business we must win. I still believe this acquisition was the right decision. Except Apple and Samsung, there is no third strong player. I believe that will be Lenovo." Motorola recently released the Moto G in the U.S., and plans to release the Moto X next month. Lenovo acquired Motorola from Google last year for about $2.9 billion.

Reuters »

Related

Review: Motorola Moto X Pure Edition

Motorola's 2015 flagship smartphone is a pleasing upgrade to last year's device, thanks to the bigger screen, better battery life, and improved camera. This handset offers a pure version of Google's Android platform with truly useful additions from Motorola.

Review: Motorola Moto G (3rd Gen)

Motorola's mid-range masterpiece, the Moto G, is a formidable smartphone that should not be overlooked. It is waterproof, customizable, and outguns the competition on many fronts.

Hands On with the Moto G

Motorola's mid-range wonder boasts a significant number of upgrades over last year's handset, making it a compelling option. Here are our first impression of this welterweight device.

Hands On with the Moto X

Motorola showed off three new handsets today, including the Moto X Style - or "Pure Edition" - for the U.S. market.

Liveblog of Motorola 2015 Event

Jul 28, 2015
We're live from Motorola's big phone event today in NYC. We're expecting at least one new phone, if not two or three.

Motorola Moto X Pure Edition / Style

5.7" display QHD+ resolution
Snapdragon 808 processor 3 GB RAM
3,000 mAh battery
Memory Card Slot, Headphone Jack (3.5mm), NFC, Water-Resistant

Motorola Moto G (GSM, 3rd gen.)

5" display HD+ resolution
Snapdragon 410 processor 2 GB RAM
2,470 mAh battery
Memory Card Slot, Headphone Jack (3.5mm), Water-Resistant

more news about:

Comments

This forum is closed.

This forum is closed.

JoelMikel

Aug 13, 2015, 2:04 PM

Donald trump

needs to come in and fire the entire design staff....

I don't think it's a lack of innovation because Moto has some of the best features available but they are now some of the crap ugliest phones.

maxymax

Aug 13, 2015, 12:21 PM

Motorola

Motorola used to be the big dog, along with Nokia back in the day. Now Nokia is no longer and Motorola has one foot in the grave too. Google really f'd up Moto when they took it over. They raided their patents like some pirates and then sold the scraps to wolves. Motorola needs to come out with something innovative, but I doubt that will happen now that it's not an independent company. Stop copying Apple too with non removable batteries. Samsung is copying Apple and that's not a good thing. People buy Android because they don't want Apple, so why would they buy an Apple clone Android device like Motorola or Samsung?

Page 1 of 1