SCHAUMBURG, Ill. Motorola Inc. on Friday announced it is
cutting 4,000 more jobs, bringing the total eliminated companywide
since December to 22,000.
The latest cuts are in Motorola's networks sector, which
provides broadband and wireless communications products and
"Motorola is making tough but deliberate and strategic business
decisions in order to remain competitive in the slowing economy,"
Edward D. Breen, president of Motorola's Networks Sector, said in a
"Unfortunately, reductions have been necessary for us to
improve financial performance, and this is something that we will
have to continually evaluate as we monitor market and economic
conditions," Breen said.
The cuts will come within three businesses in Motorola's
Networks Sector: the Commercial, Government and Industrial
Solutions Sector; the Global Telecommunications Solutions Sector;
and the Broadband Communications Sector.
The latest job cuts, which will leave Motorola with about
125,000 employees worldwide, will either be completed or
communicated to affected employees by the end of the second
quarter, the company said.
Last week, Schaumburg-based Motorola slashed 7,000 jobs from its
cellular phone division.
Motorola had 147,000 employees when the company, intent on
cutting costs as its sales and profits started to fall, began
handing out pink slips in December.