02.11.09
Shanghai job losses mounting – Motorola
This story on the TMC new website notes that Motorola’s latest round of layoffs will included “hundreds” of Chinese this time. I got a message today from one Shanghai based Motorola employee who received notice of her termination today.
Motorola has been struggling in China for years. The Harvard business school even has a case for its MBA students about the company’s missteps in the China market (mercifully changing the name of Motorola, but that doesn’t do any good for the company’s workers who are out of jobs as of today).
Notwithstanding this, for now, the scene on the street in downtown Shanghai does not reveal obvious signs of economic strain.
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