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Motorola Inc. said late Friday that it laid of an additional 1,600 employees
during the fourth quarter in a companywide restructuring effort. In a filing
with the Securities and Exchange Commission, the wireless device maker said it
will take a pretax charge of about $90 million in the fourth quarter related to
the layoffs. The company had already laid off about 5,100 workers during the
first nine months of the year.
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Source: http://telephonyonline.com/external.html?q=http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b5E5FBB44CD454720BEAA086366F3850E%7d&siteid=yhoo&dist=yhoo
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