Melanie Coffee

Motorola to Cut 1,000 Jobs, Spins Off Semiconductor Division

CHICAGO (AP)—Motorola Inc. will cut 1,000 jobs worldwide and take a charge of $50 million for severance benefits as it completes the spinoff of its semiconductor division, officials said Tuesday. The companys chip operations are now operating independently as Freescale Semiconductor Inc., and Motorola spokeswoman Jennifer Weyrauch said that made some corporate positions unnecessary. “Were […]