Fri 25 Jul 2008
News Archive
Motorola shuffles staff pack
Motorola said that the acquisition of Sendos R&D team and patent portfolio in June as well as the relocation of its mobile division to larger offices in Basingstoke this month showed that UK growth continued. It is understood that UK job cuts have been insignificant.
We havent broken the figures down by country claimed EMEA director of communications Mark Durrant. Staff that have been affected have been informed already so the filing to the SEC was not new to them.
The headcount wont necessarily go down anyway because of the acquisitions including the Sendo R&D facility in the UK an i-mode development team in France and lots of engineering and manufacturing elements.
The global job cuts will result in pre-tax costs for Q3 of around $70 million ( 40 million) in severance charges and $20 million in asset impairments.