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Article: Suburban firms to make cuts.(Business)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- July 8, 2009
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More than 1,000 workers at various suburban companies including another 74 at Motorola Inc. are expected to be laid off this summer due to closings or downsizings.
Motorola, which has ongoing restructuring, said it will lay off 74 additional workers around July 31 at its Libertyville campus, its mobile phone headquarters.
Motorola continues to work on saving about $1.7 billion this year, said Motorola spokeswoman Tama McWhinney.
"We continue to implement appropriate measures to conserve cash and reduce expenses through work force reductions, facility rationalization and reduced discretionary spending," she said. "This activity has been ...