“Motorola Inc., the No. 3 mobile phone maker, said on Friday it would roughly halve the size of its research labs to about 300 people as it plans to halt some projects and move at least 180 people to other units,” Sinead Carew reports for Reuters.
“The loss-making company, which is planning to spin off its cell phone business amid huge market share losses and sharp criticism of its phone designs, said 180 research labs workers would be moved to its three business units, effective July 1,” Carew reports.
“To reduce costs, another 150 Motorola research positions will be cut worldwide as Motorola stops some research projects, according to spokeswoman Maya Komadina, who did not disclose which projects would end or in which countries,” Carew reports.
“Motorola, which has been losing ground in the cell phone market after failing to come up with a strong successor to its once-lauded Razr phone, is expected to spin off its mobile devices business in 2009,” Carew reports.
More info in the full article here.
[Thanks to MacDailyNews Reader “Dirty Pierre le Punk” for the heads up.]
May 10, 2007: Motorola’s then-Chairman and then-CEO Ed Zander said his company was ready for competition from Apple’s iPhone, due out the following month. “How do you deal with that?” Zander was asked at the Software 2007 conference Wednesday in Santa Clara, Calif. Zander quickly retorted, “How do they deal with us?” – IDG News Service