Motorola Inc. said it would cut 4,000 jobs in addition to the 3,500 it announced earlier this year. The new cuts will help save an additional $600 million, the company said.
The company said it expected costs of $300 million, or 8 cents a share, in the remainder of this year tied to the latest cuts. The reductions represent about 6% of Motorola's total workforce at the end of 2006.
