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Rumor Mill: Massive layoffs may be coming for Motorola
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Motorola may cut as much as half of the jobs in its handset division as early as this week, as the struggling mobile devices division continues to falter, according to a report in Phone Scoop.
The company's other divisions, including home and networks and enterprise devices, will not be affected by the layoffs, according to the report. The company also plans on pulling out of the CTIA trade show in April and on trimming the number of devices it brings to market down to about a dozen per year. The only smartphones the company will release will be based on Google's Android platform.
If it comes to pass, the move would be a major one for the company, which has said it will not spin off the handset division, and would add to the uncertainty of the division's future. When the handset maker reported its third quarter earnings and posted a $397 million loss, it cut 3,000 jobs.
Co-CEO Sanjay Jha, the head of Motorola's mobile devices business, said at the time of the earnings report that the company would focus on Android and Windows Mobile-based handsets. In December, Motorola said it would freeze U.S. pension plans, stop matching company 401(k) contributions, halt most salary increases for 2009 and cut executive pay.
For more:
- see this article
Related Articles:
Motorola freezes pension plans, salaries; execs take pay cuts
Motorola's losses grow; firm will focus on Android, WinMo
Comments
Posted by Anonymous | January 12, 2009 - 1:26pm
Mr. Jha’s recipe for success:
Cut half in 2009.
Cut the other half in 2010.
Collect $30 million guaranteed bonus in October 2010.
Posted by Maria Fleetwood (Fedotova) | January 13, 2009 - 6:51am
It is hard and sad to read about cut 3,000 jobs..
Special in this case, more than 100 cut job were my friends..
They have faces and personalities and another view about future Motorola projects.
Posted by Anonymous | January 13, 2009 - 8:06am
Moto stinks. The the cable division and networking groups need to spin themselves off. Leave the cell phone division on an island.
Posted by Doc Savage | January 13, 2009 - 9:29am
Motorola Devices is impotent. Devices is a mortally wounded animal, hobbling and limping in the jungle, savaged by hyenas, jackals, and weasels ripping its flesh. The humane thing to do is to put it out of its misery. Desire and willpower is needed. Management must fire up the will to shoot it. And, save the rest of Motorola… from being eaten alive.
Posted by Anonymous | January 18, 2009 - 12:34am
Motorola cell phones are way behind the curve. To be brutally honest they suck and unfortunately for employees and investors Motorola is on an uncontrolable death spin.
Posted by Anonymous | February 18, 2009 - 1:25pm
Mr. Jha I am sure is NOT losing his $1,000.000 house or his Mercedes...a$$hole!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by Tom Doran | February 19, 2009 - 9:49pm
There is a non-commercial, public site for current and laid-off Motorola employees to share information, advise, job leads, layoff news and information about severance terms. Please visit this and other company forums at www.laidoffcentral.net/community
- The registration to the forum is easy and does not require a valid e-mail address to authenticate your subscription. You can be anonymous.
- Once you subscribe to the forum, select your forum and click on "NEW TOPIC" to start your discussion. If you would like to respond to previous posts, open the post and click on "POST REPLY"
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