Motorola Lays Off Thousands from Mobile Device Unit
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.
Apple Improves iPhone 6s and 6s Plus with 3D Touch
Sep 9, 2015
Apple today announced the iPhone 6s and 6s Plus, which are enhanced versions last year's iPhones. Like the iPhone 6 and 6 Plus, the 6s and 6s Plus have 4.7-inch and 5.5-inch screens, respectively, slim metal designs, and fingerprint readers built into the home button.
Motorola's Chicago Office to Lose 500 Jobs
Aug 14, 2015
Motorola has revealed the depth of job cuts being made at its Chicago headquarters and they run quite deep. The firm will eliminate 500 positions, or about 25% of its staff, as its parent firm, Lenovo, restructures amidst weak sales.
Sprint Outlines Layoff Plans
Nov 3, 2015
Sprint said it will put cost-cutting measures, including layoffs, in place before the end of January. Sprint CEO Marcelo Claure explained that he wants to be sure to give employees a much severance as possible, even though the company plans to halve the amount given to ex-employees.
Sprint Falls to Become No. 4 US Carrier
Aug 4, 2015
Sprint reported its second quarter earnings today and the numbers reveal it has fallen behind competitor T-Mobile in the total number of customers. T-Mobile, which gained a total of 2 million new customers during the second quarter, reported a total customer base on 58.9 million.
Motorola a little late with a true touch screen