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

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First Posted: 10-30-08 01:59 PM   |   Updated: 11-30-08 05:12 AM

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

Silicon Alley Insider:

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: Silicon Alley Insider

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 ...
Filed by Dave Burdick  |  Report Corrections
 
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