TITLE

Motorola Adds 400 Pink Slips

AUTHOR(S)
Schachter, Ken
PUB. DATE
December 2008
SOURCE
Red Herring;12/31/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reveals the plan of Schaumberg, Illinois-based mobile device maker Motorola to trim 400 more jobs, adding to the planned 3,000 layoffs announced in October 2008. The move brings total pre-tax charges related to cost containment to about $189 for the fourth quarter. The company has been losing market share to Korean manufacturers as well as Apple's iPhone and phones powered by Google's Android operating system.
ACCESSION #
36602823

 

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