Motorola Continues Circling the Bowl, in One Final Flush

1 Comment »February 2nd, 2009

toiletNo wonder Moto is in dire straits.

The cell phone wrangler has laid off about 7,000 workers since late October, slashing payrolls by a full 25%. A sales decline that started way before last year’s banking crisis plus high fixed costs add up to incredible shrinking margins (in the sideshow tent, right next to the Bearded Lady!), hit-and-miss earnings, and cash flows running near the breakeven point.

Link: The Motley Fool

Who is this guy?

Kent.Pribbernow
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Definition: a freelance web designer. senior web designer for Sweetwater Sound. a tech writer for lots of online publications. To learn more about me, go here.

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