Motorola says to cut 4,000 more jobs
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Motorola Inc. , the world&#39;s  second-biggest mobile phone maker, said it expects to cut an  additional 4,000 jobs, bringing the total to 7,500 this year,  as it works to reduce costs to return to profit.
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As part of its effort to turn its fortunes around, wireless phone company Sprint Nextel announced today that it would "streamline its business" by cutting 4,000 jobs and closing 8 percent of its stores. The company, third among U.S. mobile phone services, has been battling against a continual loss of subscribers.
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US wireless telecommunications firm Sprint Nextel announced it was cutting 4,000 jobs Friday, saying it anticipated "downward pressure" on its profits in the coming year.
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ZDNet&#39;s survey of IT professionals in August kept Wired &amp; Wireless on top for the 18th month in a row. Telecommunications equipment maker Motorola said Tuesday that it would cut 1,000 jobs and take related
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Motorola Inc. announced Tuesday plans to cut 1,000 jobs worldwide and take a charge of $50 million for severance benefits. The job cuts are part of a restructuring resulting from the spin off of its semiconductor division into Freescale Semiconductor.
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InfoWorld - The day after&#160;announcing that 4,000 employees will be laid off, Motorola CEO Ed Zander told investors that he plans to boost profits with a wide range of multimedia handsets instead of relying on a single blockbuster product like the Razr cell phone.
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AT&amp;T Corp. announced Thursday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan to retreat from the traditional consumer telephone business.
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In an extension of a cost-cutting program it began in January, Motorola said Wednesday it would lay off 4,000 more workers.
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AT&amp;T Corp. said it will cut one-fifth of its work force this year -- or 7,400 more jobs -- and write down $11.4 billion of assets as the phone company retreats from the residential business it once dominated.
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Telecommunications equipment maker Motorola Inc.  said on Tuesday that it would cut 1,000 jobs and take related charges of about &#36;50 million to focus on its wireless business.
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Workers tumble through gaping subscriptions hole US mobile phone provider Sprint Nextel said today it will slash around 4,000 jobs and close about eight per cent of its stores, in an attempt to claw back costs in the face of a haemorrhaging customer base.â¦
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Motorola&#39;s mobile-phone business continued to lose its signal in the fourth quarter, dragging the company&#39;s revenue and profit down.
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Motorola Inc , the world's No. 3 mobile phone maker, said on Thursday it is exploring strategic alternatives including a possible separation of its mobile devices business from other units.
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Motorola said Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable.
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NEW YORK -- Eastman Kodak Co. said Thursday it is cutting as many as 3,000 more jobs as it completes a historic, four-year transformation this fall into a digital-imaging company focused on consumer photography and commercial printing.
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Struggling cell-phone maker Motorola Inc. said Thursday it is considering separating the handset unit from its other businesses in an effort to snap a deep slump that has followed its meteoric success with the Razr.
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Motorola Inc.  plans to trim an additional 4,000 jobs this year, bringing the total cuts for 2007 to more than 11 percent of its work force, as the world's No. 2 mobile phone maker reduces costs to return to profitability.