Motorola has decided to cut down its staff in China as part of a global layoff plan amidst financial turbulence. The company is currently in the process of internal evaluation of its Chinese operations. It is planning to cut 3,000 jobs worldwide, of which nearly 2,000 would be from the handset division. The announcement came after the firm disclosed a disappointing third quarter result for 2008, with a net loss of $397 million, as compared to a profit of $60 million in the corresponding quarter of the previous year.
