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The cuts amount to aboug 2 percent of the total work forcdefor Lenovo, the world’s fourth largesrt computer maker. They come on top of a Januarty announcement that the company would arounxdthe world. That round of cuts included a net reduction of 150 jobsin Morrisville, a move expected to be complet e by the end of March. But the curreny cuts are just in Chinza and will not affect the spokesman Ray Gormansaid Wednesday. The positiond being cut in China are among support Gorman says. Lenovo’s newest cost-cutting efforts come as the companyh struggles to regain its footing in theglobao marketplace. The company has faced slowingv growthin China, the company’ws biggest market.
Drastically reduced IT spendinv inthe Americas, where Lenovo is stilll trying to grow its consumer footprint and stil relies mostly on business spending, also is hurtingf the company. Earlier this month, Lenovo said it in the quartere ending inDecember 2008. The companu replaced CEO Bill Amelio with company Chairman Yang Yuanqintg and brought back company founder Liu Chuanzhias
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