Electronics giant cutting 4,000 more jobs
Friday, Feb. 9, 2001 | 11:14 a.m.
THE ASSOCIATED PRESS
CHICAGO -- Motorola Inc. disclosed plans today to cut 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.
archive