Motorola To Cut Up to 4,000 Jobs
CHICAGO (AP) _ Motorola Inc. disclosed plans Friday to cuts as many as 4,000 jobs, or about 3 percent of its work force, from its semiconductor operations by the end of the year _ its third round of employee cuts in 10 weeks.
No specific locations for the job cuts were announced. The Schaumburg, Ill.-based company’s semiconductor operations are based in Austin, Texas.
The cell-phone and semiconductor giant said the moves continue its cost-reduction measures and are aimed at helping to boost efficiency and improving profitability.