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Motorola lays off another 4,000RAZR phones fail to slice into new marketsPublished Thursday 31st May 2007 11:12 GMT Motorola has announced another round of layoffs - 4,000 to add to the 3,500 jobs it slashed in January. The first lot are on schedule to be off the premises by the end of June, while the new round will take until the end of the year to clear their desks. The cuts are an attempt to get the company back into profitability. Motorola posted a loss for the first quarter of 2007, and has been losing market share to Samsung and Nokia at home, as well as failing to make an impact in European and developing markets. These new cuts, along with other cost-cutting measures, are an attempt to save the company $600m in 2008. Added to the $400m Motorola's saving from the first round of layoffs, the company should soon be back in the black - though the process itself is going to cost it $300m over the rest of this year. ® 6 comments posted — Comment period finished Old Razr FirmwarePosted: 11:33 31st May 2007 ...and nobody's surprised!Posted: 14:02 31st May 2007 Lack of quality will always kill you in the end.Posted: 18:38 31st May 2007 Razr is only good for slashing your wristsPosted: 04:53 1st June 2007 RE: Lack of quality will always kill you in the end.Posted: 06:28 1st June 2007
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