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Monday, 05/16/2005 2:36:09 PM

Monday, May 16, 2005 2:36:09 PM

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Lenovo faces IBM staff exodus in China

http://digitimes.com/systems/a20050516A1001.html
Lenovo has recently suffered a surge in employee resignations from the former IBM unit in China, according to sources at IT companies. The sources indicate that the firm has lost 40-50 members from its IBM team, accounting for about one third of the number of employees at IBM’s PC unit in Greater China, since Lenovo announced the acquisition last December.

In addition to losing IBM employees, Lenovo is losing some market share, as IBM’s notebook shipments in Asia Pacific, excluding Japan, have been decreasing for the past two quarters, according to data from International Data Corporation (IDC).

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