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LENOVO GROUP Dismisses Hundreds of ISG Employees in Shanghai: Report
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LENOVO GROUP (00992.HK) has laid off all employees in its ISG division in Shanghai, involving hundreds of jobs, Chinese media reported, citing sources.

It is understood that the communication meeting regarding the layoffs lasted 15 minutes. However, the meeting began 13 minutes late, and the remaining two minutes were spent playing a recording announcing the layoffs.

Related NewsG Sachs Keeps Positive Outlook on LENOVO GROUP (00992.HK), Expects Rising Server Demand to Juice Revenue Growth

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