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.
Motorola posted another loss this morning and warned that things will probably get worse before they get better: Because the company is radically overhauling its cellphone business, many gadgets scheduled for the first half of next year will be canceled ahead of new product launches in the second half.
The company also said it would postpone its cellphone division spinoff, which had been scheduled for Q3 of 2009, mostly because of the crappy economy.
See Also:
Motorola: No Google Android 'GPhones' Til Next Christmas
Recession Delays Motorola Cellphone Spinoff, More Cuts Coming
Motorola Firing 3,000, Mostly From Cellphone Division (MOT)
Phoebe McKay (2019-02-05)
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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. For those who have virtually any questions about wherever and also the best way to make use of and have repaired thousands of devices. you can be assured that celltech has you covered. windows computer repairwindows computer repair searching for windows computer repair near me? is your computer not turning on? is the screen broke, you are able to e mail us on our own page. 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.
Motorola posted another loss this morning and warned that things will probably get worse before they get better: Because the company is radically overhauling its cellphone business, many gadgets scheduled for the first half of next year will be canceled ahead of new product launches in the second half.
The company also said it would postpone its cellphone division spinoff, which had been scheduled for Q3 of 2009, mostly because of the crappy economy.
See Also:
Motorola: No Google Android 'GPhones' Til Next Christmas
Recession Delays Motorola Cellphone Spinoff, More Cuts Coming
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