Ericsson may lay off up to 4,000 workers
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Wireless equipment maker LM Ericsson AB reported a sharp drop in fourth-quarter net profits and said Friday it would lay off around 1,000 employees in Sweden because of costs cuts.
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Cell phone maker Motorola Inc. said Wednesday it will cut another 4,000 jobs as part of a plan to improve sagging financial and operational results.
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Motorola Inc. , the world&#39;s  second-biggest mobile phone maker, said it expects to cut an  additional 4,000 jobs, bringing the total to 7,500 this year,  as it works to reduce costs to return to profit.
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RAZR phones fail to slice into new markets Motorola has announced another round of layoffs - 4,000 to add to the 3,500 jobs it slashed in January.â¦
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In a continuing effort to cut costs, EarthLInk said it would lay off about 900 employees. In addition, it would buy back about $200 million of its own stock, according to a statement by CEO Rolla Huff on Tuesday.
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Cingular Wireless, the nation's largest cellular phone company, plans to cut about 10 percent of its work force, or 7,000 jobs.
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STUNNED Abbey National staff will be told today that 4,500 jobs could be axed within three years if Spain - s Banco Santander emerges victorious from its bruising 8.2 billion bid battle for the UK mortgage ...
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But the step could risk social unrest if heavily indebted state companies respond by laying off more workers.
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Sprint Nextel , the No. 3 U.S.  mobile service, said on Friday it will cut about 4,000 jobs and  close about 8 percent of its stores, predicting further  pressure on its ability to attract subscribers and turn a  profit in 2008.
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An electrical equipment manufacturer in Ebbw Vales says it could close with the loss of 215 jobs.
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Motorola Inc. , the world's second-biggest mobile phone maker, said it expects to cut an additional 4,000 jobs, bringing the total to 7,500 this year, as it works to reduce costs to return to profit.
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The electronics retailer has been put on the defensive because of its decision to notify about 400 laid-off employees by e-mail.
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In an extension of a cost-cutting program it began in January, Motorola said Wednesday it would lay off 4,000 more workers.
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The IT services company may lay off as many as 20,000 from its global workforce of 125,000, in an effort to remain competitive with archrival IBM and low-cost offshore service providers.
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InfoWorld - The day after&#160;announcing that 4,000 employees will be laid off, Motorola CEO Ed Zander told investors that he plans to boost profits with a wide range of multimedia handsets instead of relying on a single blockbuster product like the Razr cell phone.
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Telecom equipment group Ericsson's  (ERICb.ST) chief financial officer has stepped down in the wake  of a shock profit warning last week which caused a massive  selloff in the company's shares.
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Unisys plans to lay off 1,400 workers, mainly in general and administrative positions, and consolidate offices worldwide. The cuts represent 3.8 percent of the company&#39;s staff of 37,000, and