Motorola to cut 4,000 more jobs in 2009

TROUBLED MOBILE PHONE outfit Motorola is giving P45s to more than 4,000 people over the next year.

In a company statement the cuts were piled on top of the 3,000 it announced last year.

Motorola hopes to save an additional $700 million a year starting in 2009. This will mean $1.5 billion in annual savings when combined with the previous cut.

More than a 1,000 of the cuts will be in administration, but the rest seem to be happening within the outfit's mobile devices business. µ

L'Inq
AP