Motorola to slash 4,000 more jobs

Motorola has stated it is set to drop another 4,000 jobs, mainly from its mobile devices division. The cuts amount to 6% of its remaining workforce, following 2008 job cuts of 6,700 people. The move comes due to poor sales and lowered demand for its handsets, the manufacturer said.

Additionally, Motorola claimed it would make a fourth quarter loss due to lack of sales.

Its latest job losses will give the manufacturer savings of around £1 billion during 2009.

Motorola sold in the region of 19 million handsets during the fourth quarter last year, from 40.9 million in the same period 2007.

The following two tabs change content below.

admin

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam dignissim magna vitae dui posuere eu feugiat augue eleifend. Fusce sed tincidunt quam. Donec varius aliquam metus ut semper. Donec augue purus, feugiat interdum malesuada vel, aliquet quis massa. Nulla facilisi. Nam vel ante quam, et tincidunt dui. Maecenas venenatis libero eu nulla tincidunt et accumsan velit sodales. Nam congue mauris et felis porttitor blandit. Nam eget tempor massa. Nullam suscipit gravida eros, ac suscipit magna feugiat sit amet.

Latest posts by admin (see all)