Motorola to cut 1,000 jobs worldwide
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Motorola Inc. is laying off 1,000 employees in conjunction with its upcoming chip unit spinoff and ongoing efforts to reduce operating costs, the company said Tuesday in a regulatory filing.
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NEW YORK - Like a boxer shedding pounds to get to his fighting weight, Motorola is trimming down to take on the mobile phone market, shedding jobs and spinning off divisions.
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Motorola Inc. will cut 1,000 jobs worldwide and take a charge of 50 million dollar for severance benefits as it completes the spinoff of its semiconductor division, officials said today.
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Morgan Stanley  is cutting about  1,000 jobs in the coming week, part of efforts to trim costs  ahead of what it expects will be a tougher business  environment, a person briefed on the moves said on Thursday.
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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. said Wednesday it would lay off 4,000 more workers as the Illinois-based company works to improve its financials.
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STOCKHOLM, Sweden -- Wireless equipment maker LM Ericsson AB reported a sharp drop in fourth-quarter net profits and said Friday it would lay off around 1,000 employees in Sweden because of costs cuts.
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Motorola plans to axe 1,000 workers across a number of business units, hoping to reduce costs as it refocuses on its wireless business.
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Motorola Inc. plans to eliminate 1,000 jobs in the spinoff of its semiconductor unit, the company said Tuesday in a filing with government regulators.
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SEPTEMBER 28, 2004 (REUTERS) - Telecommunications equipment maker Motorola Inc. said today that it would cut 1,000 jobs and take related charges of about $50 million to focus on its wireless business.
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General Motors of Canada will cut about 1,100 jobs at a truck plant in Ontario amid slumping pickup sales, the company said.
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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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Telecommunications equipment maker  Motorola Inc. MOT.N said on Tuesday that it would cut 1,000  jobs and take related charges of about $50 million to focus on  its wireless business.
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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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Telecommunications equipment maker Motorola Inc.  said on Tuesday that it would cut 1,000 jobs and take charges of about &#36;50 million for severance benefits as it tries to increase productivity.
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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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Telecoms equipment maker Motorola said that it is cutting 1,000 positions globally as it completes the spin-off of its former chip unit, now known as Freescale Semiconductor.