Motorola zaps 1,900 jobs
'Productivity improvement plans'
Posted in Financial News, 6th October 2005 13:55 GMT
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Motorola is axing 1,900 jobs world-wide as part of "various productivity improvement plans".
The job losses will hit 29 locations in 20 countries although a spokesman for Motorola refused to say whether any jobs in the UK would be affected by the cuts.
All four of Motorola's business divisions - Mobile Devices, Networks, Government & Enterprise Mobility Solutions, and Connected Home Solutions - will be touched by the job losses.
The restructuring, which was first revealed last summer, is set to cost the mobile phone maker around $90m, it said in a SEC filing. ®
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