Chairman of the board cites last quarter 's below-expectations performance . Job cuts to include management and executive positions . Comment: Lenovo anticipates taking pre-tax restructuring charge of approximately $ 150 million .
Chairman of the board cites last quarter 's below-expectations performance . Job cuts to include management and executive positions . Company is ranked as the world 's No . 4 PC maker . Lenovo anticipates taking pre-tax restructuring charge of approximately $ 150 million .