Motorola Sets Stage For Big Restructuring
Motorola Inc., top-heavy with numerous divisions and struggling to fend off competition, plans to announce a major restructuring within weeks, The Wall Street Journal reported Tuesday.
The maker of cellular phones, pagers, two-way radios and semiconductors is considering merging a half-dozen businesses into two business segments: one for consumer-oriented products, the other for industrial customers, the newspaper said.
Any changes could affect thousands of jobs. The company, based in Schaumburg, Ill., has about 140,000 employees worldwide.