Motorola cutting an additional 4,000 jobs
Motorola will cut 4,000 more jobs by the end of the year, on top of the 3,500 layoffs it announced earlier. The move comes as the company works to reduce costs and return to profitability, but one analyst asserts that if Motorola hopes to achieve double-digit profit margins, it needs exciting new products. ClipSyndicate (05/30), CNNMoney.com/Reuters (05/31)