Subscribe & Follow
Advertise your job vacancies
Trending
Sars increases customs duties: What it means for your online retail orders
Chetan Vanmali, Yael Shafrir, Emily Gammon, Sidrah Suliman, Lauren Jimmy & Danica Jonker
Jobs
- Customer Service - UK Market Work From Home
- Personal Assistant - Work from Home Remote
- Customer Service - UK Work from Home
- Bookkeeper and Sales Administrator Cape Town
- Customer Service (UK Market) Work from Home Nationwide
- Customer Service (UK Market) - Work from Home Nationwide
- Marketing Manager - UK Market (Work from Home) Nationwide
Motorola grits teeth as Q1 charges mount
Motorola said Monday, 6 April 2009, it expects to take additional charges for the first quarter, bringing the total to US$229 million before taxes.
The company, which is laying off thousands to cut costs, said in a regulatory filing that $216 million of the total charges are for severance costs related to roughly 5,600 employees. In addition, it is taking $13 million in other pretax charges for contract terminations, asset impairments and other items.
In a 21 January filing, Motorola had estimated first-quarter charges related to severance would total about $106 million.
Related
Whirlpool partners Arcelik in Europe, quits Middle East and Africa
Akanksha Khushi and Shubham Kalia 17 Jan 2023
