Motorola unveils 4,000 job cuts
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Motorola is to shed an extra 4,000 jobs this year, as it continues efforts to reverse a fall in profits.
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The company announces a huge four-year restructuring plan.
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Sprint Nextel , the No. 3 U.S.  mobile service, said on Friday it will cut about 4,000 jobs and  close about 8 percent of its stores, predicting further  pressure on its ability to attract subscribers and turn a  profit in 2008.
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Freescale Semiconductor Inc. plans to cut at least 1,000 jobs from its worldwide operations, the company said as part of its second earnings report since it went public in July after being spun off from Motorola Inc.
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Motorola said yesterday it would cut 1,000 jobs, as the company continues to refocus on its core mobile phone business. It said some positions being cut were related to the Freescale Semiconductor division that Motorola is in the process of spinning off.
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Sprint Nextel , the No. 3 U.S.  mobile service, said on Friday it would cut about 4,000 jobs  within the company, close 125 stores and reduce its use of  outsourced services to improve its financial performance.
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US mobile phone giant Cingular announces plans to cut about 7,000 jobs in the next 12 to 18 months.
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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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Cardinal Health Inc. said it will cut 4,200 jobs as part of a three-year restructuring plan aimed at boosting annual earnings by $500 million.
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With a view to focusing on its wireless business, Motorola Inc. said it plans to slash 1,000 jobs, or 1 percent of its staff, and absorb charges of about $50 million.
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Bank of America will begin this month to cut 4,500 jobs across the company, predominantly in non-customer-facing positions. Bank of America said the cuts will spell $150 million in severance
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Motorola Inc. said Wednesday it would lay off 4,000 more workers as the Illinois-based company works to improve its financials.
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The job cuts are in addition to 12,500 cuts announced in February. Together, they amount to 20 percent of the work force of Alcatel and Lucent when they combined.
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Lays off half the staff Motorola is pruning its Cambridgeshire presence by laying off 155 people at TTPCom, the technology firm snapped up by the American phone manufacturer in March 2006.â¦
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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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Motorola (Quote, Chart) said it would cut 1,000 jobs, a move prompted by the spinout of its Freescale Semiconductor (Quote, Chart) subsidiary.
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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.