DroidForums.net is the original Verizon Android Forum! Registered Users do not see these ads. Please Register - It's Free!
Results 1 to 1 of 1

Thread: Motorola Plans to Cut Another 10% of Workforce; Around 1,200 Layoffs

  1. Editor in Chief
    dgstorm's Avatar
    Member #
    Join Date
    Dec 2010
    2056 times
    Enter Current Phone Model Here
    Premium Member

    Motorola Plans to Cut Another 10% of Workforce; Around 1,200 Layoffs

    Just last year Motorola had to cut about 20% of the workforce to improve efficiency and remove itself from unprofitable markets. Sadly, it looks like their cuts didn't go deep enough and they are going to cut another 10%. It's hard to see this type of news as positive, because so many people are going to be losing their jobs. In fact, 1,200 people in several different markets globally will be issued their pink slips very soon. Here's a quote sharing Motorola's perspective,

    In an internal email obtained by the WSJ, Moto says, "while we're very optimistic about the new products in our pipeline, we still face challenges," adding "our costs are too high, we're operating in markets where we're not competitive and we're losing money."

    A Moto spokesperson is quoted in the journal as saying "These cuts are a continuation of the reductions we announced last summer. It's obviously very hard for the employees concerned, and we are committed to helping them through this difficult transition."
    Ultimately, sometimes these things must occur in business, but that doesn't dull the pain for the people losing their jobs. We can only intend that it will be worth it in the long run, and Motorola can get competitive again.

    Source: AndroidCentral


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Similar Threads

  1. Motorola's ICS Device Specific Update Plans Released
    By cereal killer in forum Android News
    Replies: 66
    Last Post: 03-11-2012, 11:36 AM
  2. Replies: 13
    Last Post: 01-26-2012, 03:25 PM
  3. How Motorola plans to pull away from the Android pack.
    By cereal killer in forum Android News
    Replies: 21
    Last Post: 01-01-2012, 09:32 AM
  4. Replies: 11
    Last Post: 05-02-2011, 04:28 PM
  5. Replies: 43
    Last Post: 01-13-2011, 08:45 AM

Search tags for this page

motorola plans to cut another 10% of workforce; around 1,200

Click on a term to search our site for related topics.
Find us on Google+