Motorola to lay off 4,000 in 2009
Schaumburg-based Motorola Inc. said Wednesday it is laying off 4,000 workers in 2009, with 3,000 of them in the company's flagship mobile phone division.
The layoffs are expected to begin immediately and come on top of a 3,000 workforce reduction announced during the fourth quarter of 2008.
Motorola also announced preliminary fourth-quarter results for 2008, saying it expects a net loss of between $0.07 and $0.08 per share. The company will announce earnings on Feb. 3.
http://www.chicagotribune.com/news/chi-biz-motorola-lay-off-4000-workers-jan14,0,2481377.story
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