Motorola's SURF A3100 headlines three-pack of new phones
[Via Phone Scoop]

The words "job security" and "Motorola" haven't coexisted in a non-sarcastic manner for quite some time, and things just seem to be deteriorating by the day. Not even two full months after the flagging company announced that 3,000 employees would be sent packing, a new Reuters report has it that the axing process in Q4 will be accelerated. Specifically, some 1,900 (versus 1,500 as originally predicted) will be cut in an attempt to save $800 million in 2009, though there's no word on how damaging the inevitable productivity losses will be given the markedly low morale. To no one's surprise, most of the Q4 cuts will be in the mobile devices segment; we're beginning to think Sad Moto Face™ here will never, ever vanish.
The rumor out of Spain (and a totally plausible rumor at that) is that Motorola's abandoning Symbian altogether to put most of its eggs in the Android basket. Moto never had a lot of stake in the Symbian game to begin with, and what little it did have was in the UIQ camp -- the camp being killed off in Symbian's transition to an open platform -- and what's more, the company has made no secret of its ambitions to become an Android powerhouse. The scary part of the rumor, though, is that Moto will go through one heck of a launch lull in 2009 so that it can get Android stuff into the marketplace in time for the '09 holiday season. Now, if that means we don't have to worry about any more V3 colors, more power to 'em -- but can Motorola really afford to go the better part of a year without any blockbuster phones at this point?
Motorola was already in the hurt locker well before this latest economic crapstorm went into overdrive, so it stands to reason that pennies are being pinched and belts are being tightened across the board out in Schaumburg. 'Course, all sorts of jobs have already been cut, so what else can you do? For starters, you can trim a few bucks off the salaries of two of the companies' more well-paid individuals -- co-CEOs Greg Brown and Sanjay Jha -- both of whom will "voluntarily" take 25 percent pay cuts in 2009 (don't worry, they'll still be able to make ends meet). Additionally, Brown will skip out on his 2008 bonus while Jha will have his bonus reduced by the total amount of Brown's forfeited bonus, and he'll take the remainder as restricted-sale stock instead of the cold, hard cash that might be a little more valuable than shares of Motorola should the company go south. For employees without seven-figure salaries, they're looking at frozen pension plans and an elimination of the company's match into retirement accounts for '09. Sign of the times, eh?






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