The art and science of connecting with consumers
Marketing-interactive.com

Latest Magazine Dot Archive dot Marketing Events dot Events Calendar dot Senior Appointments dot Tip off

Motorola axes 700 manufacturing staff

By: Lisa Cheong, Singapore
Published: Apr 04, 2008

Motorola has confirmed that it will only staff from the manufacturing service will be affected in upcoming retrenchment exercise.

As part of a global $500-million cost-reduction initiative, Motorola says that it will move its mobile phone manufacturing to other Motorola facilities, and will sack 700 employees as part of its global cost-cutting reduction initiative. The company added that employees will be provided with severance packages and outplacement support.

“This transition will enable Motorola to align the organisational structure with long-term plans to drive the business while continuing to provide its customers with high-quality products and services,” the spokesperson said.

Asia Pacific will remain as a headquarters for regional management activities, both for its businesses and corporate functions, as well as R&D and software-development activities.

Companies featured:

  • Motorola