TITLE

Layoffs hit IBM, Motorola and Tundra

AUTHOR(S)
Taylor, Colleen
PUB. DATE
June 2007
SOURCE
Electronic News;6/4/2007, Vol. 53 Issue 23, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on downsizing at IBM Corp., Motorola Inc. and Tundra Semiconductor Corp. Motorola said that it is on track with its 3,500 job cuts, which will be completed on schedule by June 30, 2007 and are expected to give the firm some $400 million in annualized cost savings. IBM Corp. laid off 1,570 people mostly in its technology services unit. Tundra Semiconductor Corp. plans to cut by 7% the company's total workforce.
ACCESSION #
25402224

 

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