No longer content to sit on the sideline while companies like Logitech
get all the press, Lenovo, Dell and TDK are all "restructuring." And you know what that
means. Lenovo: cutting 11 percent of its work force. Dell: cutting 1,900 jobs, closing its plant in Limerick. TDK: cutting 8,000 jobs and closing four plants. This might be a tad depressing, but don't lose heart, people! As Sony's Gary Shapiro
pointed out at the company's keynote this morning, tech companies "don't seek bailout money, we seek opportunity." After all, the company knows a thing or two about "opportunity
Lenovo Expects Quarterly Loss, Plans Job CutsRead:
Dell to axe 1,900 jobsRead:
Japan's TDK to cut 8,000 jobs, close four plantsRead:
Shapiro is the President and CEO of the Consumer Electronics Association. Our bad.