Chinese computer maker Lenovo Group Ltd. will lay off about 5 percent of its global workforce as part of a restructuring the company expects will save it US$250 million (euro207 million).

The layoff of 1,000 full-time employees out of its 21,400 workers worldwide will occur over the next six months to a year, the company said Thursday.
 
Up to 350 positions will be cut in the Raleigh, North Carolina, area, where Lenovo last year bought IBM Corp.'s personal computer division, spokesman Ray Gorman said. The remaining jobs will be eliminated around the world with the exception of China, he said. (AP)