There are always competition either between the enterprises or between the employees. Lenovo Group reported in its first quarterly financial report, it will continue to improve productive efficiency and cut down the unnecessarily expenses as it faces the sales drop rapidly for personal PC and commercial PC.
Therefore, Lenovo plans to cut down about 3,200 non-productive workers on a global scale. This number takes up 10 % of its non-productive workers and 5 % of 60,000 global workers.
The above measures would help Lenovo to save $650 million for its second half financial expenses. And it could save $1.35 billion for an annually fiscal expenses.
From the figures that Lenovo reported in its 2015-2016 first quarterly financial report, its earnings reach $10.7 billion. Comparing to the same period in last year, its revenue increased 3%. The net profit of income for shareholders reaches $105 million. It dropped 51% in comparison to the same period in previous year.
During the first quarter, there was a sale of 13.5 million personal computers which dropping 7.1% over the same period of previous year.
Motorola made a contribution of 5.9 million handsets for Lenovo’s total smartphone sales, which reducing 31% over the same period in previous year.
Lenovo takes up 5.6% of market share in tablet PC market, by increasing 3.8% that coming to the sales of 2.5 million tablets.
To increase the whole business revenues on the rails, the Group will carry out the following measures:
1> it will establish mobile business group（MBG).Make full use of the complementary advantage of Motorola and Levono. Simplify its products, reduce its product’s quantities and enhance its product’s differentiation.
2> the enterprise should focus on the tech resource and adjust its positioning before targeting the market segments.
3> avail of the opportunity of integrated PC industry and make specific targets to increase its market share by 30%.
4> enhance the working efficiency of all functional departments.