Motorola to lay off 2,600

Motorola's woes continue as the equipment maker announced it will lay off 2,600 employees as part of a previously announced plan to cut costs by $500 million this year. Motorola's total headcount is currently at 66,000 employees.

A large portion of the lost jobs will occur in Singapore where the company is planning to stop its cell phone manufacturing by the end of the year. Other reductions will occur in Plantation, Fla., and in Birmingham, England.

For more, see this Chicago Tribune story.

Related stories:
Motorola's spin-off plans lead to layoffs Story
Motorola replaces two more executives Story
Another Motorola departure: Stu Reed Story

Suggested Articles

The California Public Utilities Commission (CPUC) told T-Mobile and Sprint that they can't begin the merger of California operations just yet.

That’s a push back from the mid-April reopen target Apple appeared hopeful for just last week.

MTN Consulting says the industry consensus is that 5G will double to triple energy consumption for mobile operators, once networks scale.