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Mix-Ansicht- Die Flut schlechter Nachrichten reißt nicht ab (diesmal: Motorola) - Sascha, 13.03.2001, 18:02
Die Flut schlechter Nachrichten reißt nicht ab (diesmal: Motorola)
Motorola cuts 7,000 more
Latest move brings total layoffs to 16,000, 11% of global work force
March 13, 2001: 10:49 a.m. ET
NEW YORK (CNNfn) - <font color="#FF0000">Motorola Inc. said Tuesday it will slash 7,000 more jobs - bringing total job cuts to more than 16,000 </font>- as the world's second-largest mobile phone maker struggles with slowing sales of cellphones, pagers, semiconductors and other products.
The latest layoff announcement brings the total number of planned cuts since December to about <font color="#FF0000">11 percent of its global work force.</font>
Last month, Motorola announced it was eliminating 4,000 jobs from its semiconductor business
In addition, the Schaumburg, Ill.-based company had trimmed 2,500 jobs at its cellphone manufacturing facility in Harvard, Ill., in January, a month after disclosing 2,870 layoffs in Iowa, Florida and Ireland as part of a money-saving shift to more outsourcing.
"Unfortunately, this was a necessary next step for us to achieve renewal and stay competitive in <font color="#FF0000">today's dramatic business environment, particularly given the current slowdown in the economy,"</font> said Mike Zafirovski, president of Motorola's personal communications division, which makes cellphones, pagers and other wireless devices.
<font color="#FF0000">The move follows Ericsson's warning Monday that the deteriorating U.S. economy will push it into the red in the current quarter</font>, the second dose of bad news from the maker of mobile phones and other telecom gear in as many months.
After losing the No. 1 spot in the world cellphone market to Finland's Nokia only two and a half years ago, Motorola's share in the fourth quarter of 2000 had sunk to 13 percent compared with 34 percent for Nokia, according to Gartner Dataquest, a research firm.
The slowdown of the economy has worsened troubles that already were evident in the second half of last year, when Motorola struggled with profit margins despite the then-runaway growth in the cellphone market.
Shares of Motorola were 11 cents higher at $15.11 in early trading Tuesday, while Ericsson stock dipped 16 cents to $6.12. Nokia shares rose $1.20 to $22.65.
Quelle: http://www.cnnfn.com
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