Motorola to cut 7,000 workers, sees $3.5 billion charge

Motorola Inc. plans to reduce its workforce by about 7,000 more jobs worldwide. Including the job cuts, Motorola expects to record $3.5 billion in restructuring charges, the company said in a statement. Motorola, which is headquartered in Illinois and has a significant presence in Massachusetts, said it "paid a significant escrow deposit'' for Iridium-related litigation…

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