1 posts and columns on MOTOMAGX

New From Motorola: FUBAR Q3

in News on October 30, 2008 at 3:13 pm PT

After market close Thursday, Motorola posted a loss of $397 million, or 18 cents a share, and said it will sack 3,000 employees this quarter and next as it cuts costs, reorganizes its mobile devices business and generally tries to reverse its continued descent into the maelstrom.