I don't know if it is different were Lenovo operates, bu there in Sweden if i get 100 in salary, the company has a cost of 200 because of social taxes, employment tax etc.. I guess also HR will have less to do, which contributes to the cost-save.
Many software engineers do. Considering how much value they create with their work, they are massively underpaid.
You could ask why? I'd argue it's anchoring to the magical 150k. For some reason SEs think that's peak engineering pay. It's not, and if you're doing meaningful work that adds top tier value you should be paid a lot more, or at a minimum given equity.
It's usually the opposite - the reasonable ones that were fighting this insanity are the first to go and the ones fully on board with whichever stupid idea from management will get their role strengthened...
And touchpad designers too. I have a Lenovo Thinkpad Yoga and the Touchpad is unusable. It has this mechanic click where the full touchpad lowers down, and while it is doing this the mouse moves slightly. Therefore it is hard to click precisely on something if during the click the mouse is moving. They probably never tested this before deciding to put this into a thinkpad or they tested it and nobody cared to hear what the testers said...
They can always hire even more incompetent batch than they had in the past 3 years. And my suspicion is that it was forced upon them from management that probably stays in place to make sure there is no improvement in the future either.
My vote is to sack the guy who decided that the AC/battery indicator only needed to be visible when the lid is closed. Maybe hire him again just so you can sack him again... 3200x over?
I only hope it doesnt push them even more to destroying thinkpad brand although there are some encouraging signs as shown in the release thinkpad p info
In my eyes, they've already destroyed their brand by selling Thinkpads with BIOS's which automatically compromise clean Windows installs by overwriting files at boot time. That and the fact they sold Thinkpads containing software which compromised all HTTPS traffic (Superfish).
Speaking as somebody who's current laptop is a Lenovo Thinkpad and who has had three other Thinkpads in the past: This will be my last.
Their quarterly profit was just $105m so it isn't exactly a high margin business. That number was a 51% drop compared to the same quarter last year. [0]
It is hardly surprising that they want to shed staff if the profit dropped that much. Nor was the 3% revenue increase anything spectacular.
[+] [-] mike-cardwell|10 years ago|reply
"in a move that should trim its wage bill by an estimated $1.35 billion per year."
$1,350,000,000 / 3,200 = $421,875
I need a payrise.
[+] [-] thecopy|10 years ago|reply
[+] [-] brador|10 years ago|reply
Many software engineers do. Considering how much value they create with their work, they are massively underpaid.
You could ask why? I'd argue it's anchoring to the magical 150k. For some reason SEs think that's peak engineering pay. It's not, and if you're doing meaningful work that adds top tier value you should be paid a lot more, or at a minimum given equity.
[+] [-] troels|10 years ago|reply
[+] [-] dothis|10 years ago|reply
http://arstechnica.com/civis/viewtopic.php?p=29497693&sid=dd...
[+] [-] jakub_g|10 years ago|reply
http://arstechnica.com/information-technology/2015/08/lenovo...
[+] [-] bitL|10 years ago|reply
[+] [-] Tharkun|10 years ago|reply
[+] [-] nomailing|10 years ago|reply
[+] [-] bitL|10 years ago|reply
[+] [-] technomancy|10 years ago|reply
[+] [-] andrzejsz|10 years ago|reply
[+] [-] andrzejsz|10 years ago|reply
[+] [-] mike-cardwell|10 years ago|reply
Speaking as somebody who's current laptop is a Lenovo Thinkpad and who has had three other Thinkpads in the past: This will be my last.
[+] [-] agumonkey|10 years ago|reply
As long as they keep and listen to their engineering force ThinkPads will be fine, the market isn't huge, but the competition is below I believe.
[+] [-] pjmlp|10 years ago|reply
And yet they fire people.
I really hate these MBAs with the politic that "Oh well we didn't achieved our continuous growth, let's sack some people".
Back in the day, companies would be happy to have any profit at all.
EDIT: Being downvoted by MBAs it seems.
[+] [-] pathy|10 years ago|reply
Their quarterly profit was just $105m so it isn't exactly a high margin business. That number was a 51% drop compared to the same quarter last year. [0]
It is hardly surprising that they want to shed staff if the profit dropped that much. Nor was the 3% revenue increase anything spectacular.
[0] http://www.bbc.com/news/business-33900230
[+] [-] forgetsusername|10 years ago|reply
Being down-voted for being financially illiterate and detached from reality.
[+] [-] dade_|10 years ago|reply
[+] [-] netrus|10 years ago|reply
[+] [-] javert|10 years ago|reply