Motorola to layoff 4,000 workers

Motorola to layoff 4,000 workers

January 15, 2017

US-based handset maker Motorola is to axe 4,000 more jobs as it attempts to cost-cut its way through worldwide recession.

The announcement follows 3,000 job cuts in October last year, when falling handset sales dented the vendor’s profitability.

Sales have continued to decline, with fourth quarter sales down more than 50% on year to 19 million units.

Mobile phone sales are expected to keep on falling this year for all companies, with analysts at Citigroup predicting a 13% decline.

Three thousands of the latest job cuts will be from Motorola’s mobile devices unit in Schaumburg, whilst the remaining 1,000 will be dropped from corporate functions and business units.

Since the start of 2015, the company has slashed a total of 16,000 jobs.

Tim Yeo

Related Posts

Cambridge Broadband Networks joins NGMN

Comments Off on Cambridge Broadband Networks joins NGMN

Virgin Media warns customers about file-sharing

Comments Off on Virgin Media warns customers about file-sharing

Cisco’s Router Gets Cold Reception

Comments Off on Cisco’s Router Gets Cold Reception

Home telecommuting for Alcatel-Lucent France employees

Comments Off on Home telecommuting for Alcatel-Lucent France employees

NT$4 billion in losses for CHT due to poorly timed contract

Comments Off on NT$4 billion in losses for CHT due to poorly timed contract

Blyk ad-funded mobile network launched

Comments Off on Blyk ad-funded mobile network launched

242 million mobile subscribers in India

Comments Off on 242 million mobile subscribers in India

Orange launches M6 Mobile

Comments Off on Orange launches M6 Mobile

UK 3G operators to test femtocell technology

Comments Off on UK 3G operators to test femtocell technology

MSI to launch 3.5G netbook

Comments Off on MSI to launch 3.5G netbook

15 million UK households now online

Comments Off on 15 million UK households now online

Mobile data usage soars according to Orange index

Comments Off on Mobile data usage soars according to Orange index

Create Account



Log In Your Account