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Motorola to Close Singapore Plant

Apr 2, 2008, 3:14 AM by Eric M. Zeman

Motorola said that it is going to halt production of mobile phones at one of its manufacturing facilities in Singapore. It will cease production by the end of 2008, and that will result in approximately 700 layoffs. Motorola will continue to operate research and design operations that it has based in Singapore. The move is part of a $500 million cost-reduction initiative.

Reuters »

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Comments

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This forum is closed.

durkadurkha

Apr 2, 2008, 12:25 PM

$500 million dollars?

lets see the average employee at the Singapore factory makes $4/hour (american)x 10 hour days x 6days a week x 52 weeks a year x700 employees= $8,736,000... thats a start, Im just more glad companies are starting to realize cheap labor = crappy product! now they should fire all the people in R&D and bring in some people who know something about building a reliable product!!

NapalmBBQ

Wait, you mean it's not 2004 and the Razor isn't the latest most innovative phone to hit the industry?? 😲

Oh it's 2008 and the company is tanking because they've released the same phone a dozen times? 👀

I hope Indian does buy their...
(continues)

...

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