Motorola To Cut 1,000 Jobs

Motorola is completing a spinoff of its chip operations, now operating independently as Freescale Semiconductor, and Motorola spokeswoman Jennifer Weyrauch said that made some corporate positions unnecessary.

"We're eliminating 1,000 positions around the world to better align our work force to support seamless mobility and in anticipation of the Freescale Semiconductor separation," Weyrauch said.

The cuts also include jobs in Motorola's commercial, government and industrial solutions component, the integrated electronic systems area and broadband communications, the company said in a filing with the U.S. Securities and Exchange Commission.

Motorola employs 88,000 people worldwide.

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According to the filing, the Schaumburg, Ill.-based company also expects to have $80 million in third-quarter costs related to paying off various debts.

Motorola shares rose 16 cents to $17.66 Tuesday morning on the New York Stock Exchange.

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