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Motorola To Cut 3,000 Jobs, Mostly From Cell Phone Division

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Silicon Alley Insider   |  Dan Frommer   |   October 30, 2008 01:59 PM

Read More: Economy, Job Cuts, Layoffs, Mobile Devices, Motorola, Motorola Layoffs, Recession, Business News

Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellphone division. But the company didn't specifically announce layoffs during its earnings presentation.

Now we know how many people the cellphone maker will fire, via the WSJ: 3,000, including about 2,000 from its cellphone business. This in addition to the 10,000 job cuts Motorola announced since early last year.

Read the whole story here.

Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellphone division. But the company didn't specifically ...
Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellphone division. But the company didn't specifically ...
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