Add up the number of new workers Lenovo has hired over the past three months and subtract the employees that accepted a voluntary buyout last month, and the end result is that the size of the workforce at the company's Morrisville complex remains roughly unchanged.
Lenovo, which is based in China and has a headquarters in Morrisville, isn’t saying how many of its employees were offered buyouts in December or how many chose to accept them – either companywide or in Morrisville.
But Jay Parker, president of North American operations for the world’s No. 1 PC maker, said in an interview Tuesday that the size of the company’s Morrisville workforce remains at about 3,500, which is what it was before the buyouts.
“So, yes, we did have some people take that voluntary package,” Parker said, “but we are still hiring people right now.” He said that the company has about 70 positions open right now, “and we will continue to hire.”
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Parker said the buyouts weren’t aimed at reducing the size of the Morrisville employee base. Rather, it was about “diversifying our skill set” in line with the diversification of the company’s products.
A year ago, Parker said, Lenovo generated about 80 percent of its total revenue from PCs, but in the latest quarter, PCs accounted for two-thirds of revenue.
The buyouts “mean that we can hire skills in other areas, whether it be mobile or servers or software,” Parker said.
The buyouts were offered to certain employees in the U.S., China and Japan, the three countries where Lenovo has the most employees.
The buyouts came on the heels of two major acquisitions that Lenovo completed in the fall: the $2.91 billion purchase of Motorola Mobility from Google and the $2.1 billion purchase of a line of servers from IBM.
The addition of former IBM workers boosted the company’s Triangle workforce from 2,200 to 3,500.