Motorola to axe 7,000 jobs after losing £1bn

US technology giant Motorola is axing another 7,000 jobs as it confirmed it is headed for a fourth straight money-losing quarter.

Wed, 10 Oct, 2001 - 15:44

US technology giant Motorola is axing another 7,000 jobs as it confirmed it is headed for a fourth straight money-losing quarter.

The announcement came a day after the mobile phone and semiconductor manufacturer reported a £1bn loss for last quarter.

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