Lenovo, the world's biggest computer company, will cut jobs amid a weak PC market.
Lenovo Eyes Job Cuts Due to Weakened PC Market : Read more
Lenovo Eyes Job Cuts Due to Weakened PC Market : Read more
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Hopefully they don't cut too deep. All these recent tech layoffs seem like a knee-jerk to me.
Yeah, currently everything is all bleak and cloudy - but there's going to be one heck of a boom a few years in the future. It takes a while to get a high-skilled tech employee up to speed. If you wait until the boom happens to hire a bunch of new people, then you're going to have a bunch of quality issues at the same time you're trying to ramp like crazy. Not a good combination.
If you bite the bullet now and keep paying your currently highly trained and highly skilled workers, you'll be able to rapidly pump out a goldmine later down the line when you need them the most. Everyone else's factories will be full of clueless noobies and the few old dogs that know how the place works will be tied up training said noobies while you're humming along at 110% efficiency.