Motorola to cut 4,000 more jobs
Motorola is to axe 4,000 more jobs from its worldwide workforce of 147,000.
The cuts are on top of the 22,000 staff reductions it has already announced.
The electronics manufacturer says the jobs will go in its commercial, government and industrial solutions sector; the global telecommunications division; and the broadband telecommunications sector.
The company says that, in connection with the latest workforce reductions, it will take a charge of unspecified size in the first half.
Plans for the 4,000 new job cuts will either be completed or communicated to employees by the end of the second quarter, with the timings of some jobs cuts to be dictated by regulatory considerations in some countries.
Edward Breen, president of the company's networks sector, says: "Motorola is making tough but deliberate and strategic business decisions in order to remain competitive in the slowing economy.
"Unfortunately, reductions have been necessary for us to improve financial performance, and this is something that we will have to continually evaluate as we monitor market and economic conditions."






