Motorola has confirmed it laid off 1,900 employees this summer to cut costs.
The layoffs were made public in an SEC stock exchange filing which reported $70 million in pre-tax severance charges in the third quarter of 2005. In the form, the company said the severance benefits, which began in the third quarter, will continue through the second quarter of 2006. The 1,900 layoffs took place in 29 facilities across 20 countries.
A Motorola spokeswoman said the company warned it would be making the headcount reductions at its annual financial analyst meeting earlier this year.
Motorola is consolidating its supply chain to cut costs, but it is not planning further layoffs at this time, she added. It will however continue to hire in other strategic areas of the business.
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