The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
4,400 jobs Number of planned job losses
Announcement Date
3 November 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 January 2011
Description
Motorola, one of the leading companies in mobile communications, is to cut 4,400 jobs worldwide. At the beginning of November 2008, the company announced the 2009-2011 reorganisation plan that envisages the introduction of new software technologies for mobiles and reduction of the operative costs with the loss of 3,000 jobs. On 4 February 2009, the company revised its restructuring plan and announced about 4,400 job cuts. Motorola has around 66,000 employees worldwide.
Sources
4 February 2009: Hospodárske noviny
11 April 2009: Il Sole 24 Ore
30 October 2009: Il Sole 24 Ore
Citation
Eurofound (2008), Motorola, Internal restructuring in World, factsheet number 67360, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67360.
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