More heads to start rolling at Motorola

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The world’s No.2 handset-maker, Motorola, has announced that it will cut another 4,000 jobs, as part of a strategy to beef up financials and turn around operational results. The company announced – in the beginning of this year – that it will cut 3,500 jobs as part of its two-year cost-cutting plan to save $400 million. These layoffs are already underway, and the process will be completed by the end of June. And now, it says that it will cut 4,000 more jobs – this time to save another $600 million in 2008 (it has further announced that it will ‘prioritise investments’, put controls on discretionary spending and general & administrative expenses). The total number of employees at Motorola stood at 150,000 worldwide in 2000; by the beginning of this year, the number had declined to 66,000.

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The ‘Scorpio’n King!

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M&M has stolen the show with the Scorpio

I do not know how to drive but I am driven around. Moreover, I am not even car-savvy but I seem to be obsessed with Mahindra’s Scorpio... a bit too much! After trading my Scorpio with a friend for a Toyota Innova, I still can’t help but miss my old Scorpio and go all ga-ga about the huge beauty. One car I had and grossly miss is the Scorpio. (I think it’s completely kick-ass!) As a family, we go out to the hills very often. The Scorpio is perfect for long journeys. I like its road grip. And the fact that it is a complete workhorse that never ever gives us any trouble.

Right from its launch in 2002, Mahindra’s Scorpio has made its presence felt not only in India but also in places like Dubai & Europe where it is popularly called Mahindra Goa. Offering its owners, satisfaction and rendering them tension-free rides, the Scorpio boasts of a five speed gear box, army-strong engine, aggressive styling, good re-sale value and much more that has enabled it to become popular as a refined cruiser, a capable mountain mule and a competent highway cruiser. My primary reason was that I wanted a value- efficient, sturdy vehicle that would be high on performance and low on maintenance. Across multi-terrains and over 50,000 kms, the Scorpio never let me down. The after sales service is top class. I think M&M stole the thunder from under the nose of many. For me, a car is an extremely functional vehicle that must ferry me from point A to B without fuss or flash. I am hugely anti-flashy cars that most men drive around. I think if you have a status, you don’t need a symbol to flag it off and on these counts Scorpio fits the bill!

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Source : IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review