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Motorola Cutting Another 4,000 Jobs
It looks like IBM isn’t the only one cutting jobs, Motorola just announced another 4,000 job cuts bringing the total to 7,500 this year.
The company, which expects to complete its previously announced 3,500 job cuts by June 30, forecast $600 million in annual cost savings in 2008 as a result of the additional job cuts, other spending controls and site rationalization.