Lenovo faces Motorola hangover, cuts 3,200 jobs as sales slide, profit tumbles

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BEIJING (Reuters) - China's Lenovo Group Ltd will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will help it become a global smartphone leader.



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