Motorola cuts 3% of its jobs as chip demand cools off; tightening the belts at another high-tech

Article Abstract:

Motorola Inc. will cut 4,000 positions, or 12 percent of its semiconductor workforce worldwide. The firm said that this is a result of weak consumer spending. The cuts are meant to help Motorola recover, following a steep drop in profit that became evident after last year's third quarter.

Semiconductor industry, Motorola Inc., MOT

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Hitachi, facing a big loss, plans to cut 14,700 jobs

Article Abstract:

Hitachi Ltd. is laying off 4% of its employees, 10,200 in Japan (around 7,200 through attrition) and 4,500 elsewhere. The company, the largest employer in the country believes about $1 billion can be gained from the move but there is great pessimism for the industry and Japan's looming recession. The world's second-fattest economy is now catching the eye of the International Monetary Fund.

Labor force information, Hitachi Ltd., Company personnel management, Shoyama, Etsuhiko

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Samsung Is Now What Sony Once Was

Article Abstract:

As Sony's dominance has faltered, Samsung has grown in recent years from a struggling corporation to a global powerhouse with a lean corporate structure, streamlined management style and a strong market share.

South Korea, Electronic computers, Marketing procedures, Household audio and video equipment, Market share, Management dynamics, Executive changes & profiles, Management, Officials and employees, Computer industry, Microcomputer industry, Marketing, Consumer electronics industry, Appointments, resignations and dismissals, AAPL, Sony Corp., Company marketing practices, Samsung Group, Company business management, SNE, Company market share, Apple Inc., Stringer, Howard

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