Motorola

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products
3,500 jobs
Number of planned job losses
Job loss
Announcement Date
22 January 2007
Employment effect (start)
Foreseen end date
30 June 2007

Description

Motorola, the global leader in wireless and broadband communications, is to dismiss 3,500 workers worldwide due to the need to bring down costs. The staff reduction is to be finished by the middle of 2007. The restructuring measure will bring 400 million USD savings in the next two years. Currently, Motorola employs 67,000 people worldwide.

Sources

  • 22 January 2007: Hospodárske noviny

Citation

Eurofound (2007), Motorola, Internal restructuring in World, factsheet number 64804, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64804.