Motorola to cut 4,000 more jobs

Cell phone maker Motorola plans to slash another 4,000 jobs as part of an ongoing cost-cutting initiative, the company announced yesterday.

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By  Michele Howe Published  May 31, 2007

Cell phone maker Motorola plans to slash another 4,000 jobs as part of an ongoing cost-cutting initiative, the company announced yesterday. The firm did not specify which divisions would be affected by the cuts. Motorola said it expects to realise US$600 million in annualised cost savings in 2008 through the redundancies in combination with other cost-cutting measures. This is the second round of job cuts at the world’s number two mobile phone manufacturer cell phone maker this year: in January it announced plans to cut 3,500 of its workforce by June 30. Motorola had 66,000 employees in total at the end of 2006.

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