Nov 28, 2008

Motorola The Falling Star

In the past I have had minimal dealings with the Motorola organization and each time their arrogance left me with a desire to find someone else to work with. I only grieve for the workers being jettisoned from this sinking ship.

From “Gartner's market analysis for mobile handset makers, released today, now rates Motorola (NYSE: MOT) in fourth place behind Nokia, Samsung and Sony Ericsson in global sales.”
Motorola Slips in Worldwide Sales

From the “Motorola reported a net loss of $397 million, or 18 cents a share, in the third quarter, down from a net profit of $60 million, or 3 cents a share, in the same period last year.”
Motorola posts hefty 3Q loss, delays spinoff

From USA Today: ”The maker of communications gear said it would get rid of 3,000 jobs by April, with about 2,000 of them coming from the cellphone unit. The company last announced 2,600 job cuts in April.”
Motorola posts big loss, plans to cut 3,000 jobs

From “The iconic American technology company Motorola is in big trouble. But can a last ditch effort by a new top executive help the company pull one of the biggest comebacks in American business history?”
Motorola's struggle for survival

From BusinessWeek: “The company's falling star at AT&T, the largest U.S. mobile-phone carrier, underscores Motorola's persistent failure to release handsets that grab the attention of consumers and the service providers whose marketing is crucial to sales.”
Motorola's Market Share Mess

From “It will eliminate about 120 of the 600 positions in Motorola Labs, the unit responsible for basic research in everything from cellphones to radio technology,…”
Moto to cut jobs from R&D unit

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