RESEARCH TRIANGLE PARK, NC – Top-five PC maker Lenovo will lay off 650 workers and move 750 jobs closer to the company’s suppliers and manufacturing operations. The company will take a pretax restructuring charge of $50 million to $60 million, most in the current quarter. 
 
The move will save the former IBM PC unit about $100 million in the current fiscal year. The 1,400 positions represent about 5% of its global workforce, and Lenovo expects to complete most of the changes in the next 12 months. 
 

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