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