Motorola unveiled plans to slash its personal communications sect...
Motorola unveiled plans to slash its personal communications sector (PCS) work force by 7,000, part of cost-cutting in its wireless infrastructure operations. Company said it had reduced wireless employees by 12,000 since Dec. Latest round of reductions is expected…
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to take place in next 2 quarters and to result in special charge against first- and 2nd-quarter earnings. Other streamlining steps Motorola has taken in last 2 quarters include reducing wireless handset portfolio, trimming overall supply chain, shuttering some manufacturing plants. Motorola PCS Pres. Mike Zafirovski said: “We anticipate growth, but at a slower pace. We must continue to adapt our overall cost structure, work force and production levels to a more competitive business model.”