|
SCHAUMBURG, Ill. (AP) - Motorola Inc., the world's No. 2 cell-phone maker behind Nokia Corp., said it will take a pretax charge of $101 million in its second quarter after cutting 2,100 jobs.
The company said in a Securities and Exchange Commission filing late Thursday that the total consists of $115 million in layoff-related charges and $14 million in reversals for prior-period accruals that it no longer needs.
Motorola said in May that it would complete an already-announced plan to lay off 3,500 employees by June 30. At that time, the cell phone maker also said it would cut another 4,000 jobs.
|