The tough times just don't seem to end at Motorola -- the company announced today that it's laying off another 2,600 workers, for a total of 10,000 positions eliminated since the start of 2007. That's on top of the
various high-level executive departures that have been taken place lately, not to mention the company's plan to
split off its mobile phone business, which will undoubtedly lead to more cuts down the line. The goal is to reduce costs by some $500M by the end of the year, and some of the jobs being lost come as Moto closes a factory in Singapore and a WiMAX development lab in Florida. There's no word on when the cuts are going to come, but here's hoping all these aggressive steps lead to a little vacation for Sad Moto here.
Reader Comments (Page 1 of 1)
Na @ Apr 5th 2008 10:22AM
Ya Ive felt this as well, In a small town in Ontario as Motorola plans to move its technical support overseas, therefore losing my job. Thanks MOTO!