and yet is possibly going to have back to back record revenue YEARS !

Motorola to cut mobile phones workforce, product lineup

John Walko EE Times Europe (01/15/2009 5:16 AM EST)

LONDON —, Motorola has confirmed it would make steep cost cuts, including more layoffs, at its mobile devices division, where it could drastically cut back on the number of models it offers. The company will cut 4,000 jobs in 2009, on top of the 3,000 it had announced last year. It also suggested it would need to report a large drop in fourth-quarter 2008 sales. The bulk of the jobs will, again, come at its mobile devices group, about 3,000, with the rest coming from other parts of the company, which Motorola asserts are faring better, especially the home and mobility and enterprise groups. The cuts would save around $700 million in 2009, which is in addition to the $800 million Motorola said it would save in 2009 from the previously announced reorganization. Motorola expects to focus almost completely on phone s based on the Android OS, at the expense of Windows Mobile. The struggling company said that it expected revenue for the fourth quarter to be between $7 billion and $7.2 billion, down from Wall Street expectations of around $7.5 billion. It added it shipped 19 million handsets in the quarter, down sequentially from the 25.4 million it shipped in the third quarter and less than half of the 40.9 million it shipped in the fourth quarter of 2007. Fourth quarter results are expected on February 3rd.