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Motorola to layoff 3,000 employees, most of 'em in handset division
To be honest, we were surprised that we didn't hear this number along with the other doom and gloom professed during Motorola's Q3 earnings call, but the writing was very clearly on the wall. As part of the mentioned $800 million expenditure cut planned for 2009, 3,000 (more) of Moto's employees will be looking for work elsewhere. According to an unnamed spokeswoman, a "little over two-thirds of those layoffs [will be] in the handset division." And just think -- if Moto would only use all those hands to get an Android-powered phone out before "entirely too long from now," maybe these cuts wouldn't even be necessary. Maybe.
Sanjay Jha in at Motorola as co-CEO, handset division chief
Motorola announced today that it would be appointing Qualcomm's former COO Sanjay Jha to head up its ailing handset division -- much to the chagrin of our own Ryan Block. Jha will also take on co-executive duties for the parent company along with current CEO Greg Brown. The news comes hot on the heels of speculation that the electronics-maker will spin off its mobile phone wing as a separate, publicly traded entity, though chatter persists that an outright sale of the division may be more economically advisable at this stage. So here's the question that begs asking: why has Moto gone the co-CEO route? Whether it's a matter of the board's confidence in Brown's abilities, or a by-product of some unseen moves, it comes off as unusual at best.
