By Kate Hanaghan, 28 June 2002 11:00
NEWS Motorola is to cut 7,000 more jobs in a bid to reduce the company's size to pre-boom days. At its peak the company had 150,000 employees but has now slashed that figure by about a third. Motorola has also warned sales for this year could fall by as much as 10 per cent compared with last year. The company will be outsourcing more of the work done by its semiconductor unit to Taiwan Semiconductor Manufacturing Co., prompting analysts to predict the latest round of job cuts will affect staff in this division.
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