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Motorola Lays Off Thousands from Mobile Device Unit

Jan 14, 2009, 5:00 PM by Eric M. Zeman

Motorola announced that it is taking further steps to reduce costs and reorganize its business. As part of the reorganization, it is planning to eliminate 3,000 positions associated with the Mobile Devices business and approximately 1,000 positions associated with corporate functions and other business units. The job reductions will begin almost immediately. These layoffs, plus those already announced in December 2008, should save Motorola about $1.5 billion for the 2009 fiscal year. Additionally, Motorola reported its initial fourth-quarter results, which show that the company shipped about 19 million handsets with revenues ranging between $7.0 and $7.2 billion.

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Comments

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This forum is closed.

NokiaGoth

Jan 14, 2009, 5:29 PM

bad start

looks to me a bad start to the new year. more peole looking for jobs.

NokiaGoth 😈

Thales

Another company tanking. More to come.

-fin
Thales

jtalker1965

Jan 14, 2009, 7:13 PM

Motorola a little late with a true touch screen

I guess they haven't heard that touch screen phones are all of the craze!?!?!? I'm not saying it was the down fall but come on, even LG stepped up with a great touch screen. (The Dare) I have owned nothing but Motorola phones but when you can't keep up you you become the small dog in the pen.

raulr

They've had great touchscreens in Asia for years. They're just starting to bring them to the US now, but they haven't really developed the OS and applications much in recent years to catch up with the iPhone and Pre UI's and application support. Bef...
(continues)

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