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Moto Slashes Workforce

Cell phone maker cuts more jobs as it readies spin off; takes $104M loss

By Jim O'Neill,  Newser User

Posted Apr 4, 2008 8:35 AM CDT

(Newser) – Troubled cell phone maker Motorola is laying off another 2,600 workers and will take a first quarter pretax charge of some $104 million to cover severance costs, reports the AP. Moto has cut its workforce by more than 10,000 workers since January 2007,...   Read full story »

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