Motorola Reportedly Close To Major Restructuring

Motorola Reportedly Close To Major Restructuring

Motorola has been steadily losing market share to Apple, Nokia, and Research In Motion, and the company may be making massive cuts to its workforce to stem costs, according to a report from Phone Scoop.



"Phone Scoop has learned that Motorola's handset division is expecting a large round of layoffs as soon as this week, according to someone familiar with Motorola's plans," the site said. "The layoffs are confirmed to be significant and may amount to 50% of the entire handset operation. Motorola's set-top box, network support equipment, and enterprise device businesses would not be affected."



Motorola is still struggling to find a replacement for its massively popular Razr cell phone, which sold more than 110 million units around the world.