Ouch.

Motorola took another hit Thursday in announcing, through a filing with the Securities and Exchange Commission, that it will lay off 2,600 employees. As a result, it will take a $104 million pretax charge in the first quarter of the year for severance costs.

(Credit: Motorola)

The $104 …

source Tech news blog

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This entry was posted on Thursday, April 3rd, 2008 at 10:50 pm and is filed under Tech and Gadgets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.