A
admin
Guest
[IMG]http://www.blogcdn.com/www.engadgetmobile.com/media/2008/12/unhappy-moto.jpg[/IMG]It's official: Moto's pulling out the axe. The beleaguered manufacturer is no stranger to financial struggles at this point -- nor layoffs, for that matter -- but the latest round cuts some 6 percent of employees from Moto's global operations, and 3,000 of the 4,000 will come directly from the handset division. The news comes along with a preliminary fourth quarter earnings estimate of a 7 to 8 cent per share loss (which isn't really "earnings" when you think about it), so yeah, it's business as usual out in Schaumburg: get lean and start making awesome products. Soon, Moto. Please.
[Via Boy Genius Report]Filed under: Cellphones, Handhelds
Motorola to lay off 4,000 this year originally appeared on Engadget on Wed, 14 Jan 2009 17:32:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments[IMG]http://feedads.googleadservices.com/~at/FHk18TLcj4ivkGDAvpecH0NpEb0/i[/IMG]
[IMG]http://feedproxy.google.com/~f/weblogsinc/engadget?i=MDql7wbf[/IMG] [IMG]http://feedproxy.google.com/~f/weblogsinc/engadget?i=ul64PMJp[/IMG]
[Via Boy Genius Report]Filed under: Cellphones, Handhelds
Motorola to lay off 4,000 this year originally appeared on Engadget on Wed, 14 Jan 2009 17:32:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments[IMG]http://feedads.googleadservices.com/~at/FHk18TLcj4ivkGDAvpecH0NpEb0/i[/IMG]
[IMG]http://feedproxy.google.com/~f/weblogsinc/engadget?i=MDql7wbf[/IMG] [IMG]http://feedproxy.google.com/~f/weblogsinc/engadget?i=ul64PMJp[/IMG]