Motorola (MOT) Message Board

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Technology Stocks : Motorola (MOT)

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From: slacker711	1/12/2009 7:35:34 AM
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Motorola's Handset Arm Prepping for Massive Layoffs phonescoop.com posted Yesterday, 8:00 PM by Eric M. Zeman Phone Scoop has learned that Motorola's handset division is expecting a large round of layoffs as soon as this week, according to someone familiar with Motorola's plans. The layoffs are confirmed to be significant and may amount to 50% of the entire handset operation. Motorola's set top box, networking equipment, and enterprise device businesses would not be affected. Phone Scoop has also learned that Motorola is not planning to have a booth at the CTIA Wireless trade show in April, which is the biggest wireless event in the U.S. Lastly, Motorola is prepared to trim the number of new phones it brings to market down to just a dozen per year, and the only smartphones it will produce will be based on Google's Android platform.

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