Motorola to cut over 9,000 jobs worldwide

BBC News has reported that US telecoms equipment maker Motorola is to cut 9,400 jobs worldwide over the next 12 months.

The BBC has reported that this latest round of restructuring will hit 4,000 staff at its chip making plants as well as 1,300 workers in its equipment factories. That comes on top of 4,100 workers elsewhere in the company who have already been told that their jobs are to go.

However, while it has been confirmed that the company will close down more of its chip making factories, it is still uncertain how many jobs will be lost in the UK.

The company hope to save at least $1bn per year from 2003 by implementing the cuts, with estimated savings possibly reaching almost $900m next year.

The announcement means the total cutbacks from Motorola for the year have reached over 48,000, although some of these jobs have been transferred to other companies. (MB)

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