Motorola confirms rumors of layoffs, 4,000 to be affected in 2009
Rumors have been flying lately and the tip emails won’t stop - now Motorola’s plans to undergo a significant workforce reduction have been confirmed by the Chicago Tribune. When all is said and done this year, Motorola will have laid off approximately 4,000 workers across all divisions. The hardest hit area of the company, as we’re sure you could have guessed, will be the mobile phone division. Layoffs in Moto’s mobile arm will total about 3,000 over the course of the year despite continued news of big changes afoot. Motorola is expected to make Android a big focus and the result will hopefully be a fresh new twist to the Motorola smartphones of old. We’ve also seen some promising new design elements in the various Motos heading to Verizon. With an earnings announcement coming on February 3rd and a bleak preliminary outlook of estimate - a net loss of between $0.07 and $0.08 per share - the once dominant handset manufacturer has too much climbing to do and apparently it has no choice but to shed some layers in order to have a prayer. Including Q4 2008, this will bring Moto’s tally up to a staggering 7,000 layoffs.
This could actually be good for Motorola.
Remember when Palm was about to die?
Nothing pushes innovation like total bankruptcy!
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iden 3g rugged 3g focuse on what they do best so what does this mean no more razer no more iden no more rugget no more q motorola is confused
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Is there ever a time where Motorola is NOT laying off people that work for them? They laid off nearly 10,000 in 2007, 2600 in January of last year, another 3000 people in November of last year, and now this?
I’ve never worked for Motorola, but live close enough to the Illinois border to know quite a few people who do - Can’t imagine why the keep staying.
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lmao @ TSX
Once again I’m not surprised though.
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who cares?
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The rank and file who works there does…
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Iden phones are the only profitable and growing handset segment in Motorola, so they will continue.
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In addition to the 4000 announced, I was part of an unannounced layoff– if MOT lays off less than 500 you will not see any press release. So an extra 500 people a month…
Also some WARN act schenanigans going on.
avoid applying for a job at Motorola– unless you are a CEO
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