Motorola has announced that it will cut a further 2,600 jobs, in part from a Florida WiMAX development facility and a Singapore factory, in its ongoing efforts to reduce costs.  Apparently the cellphone giant aims to slash its spending by $500m by the end of 2008; in doing so, 10,000 employees have been made redundant since the start of 2007.  Motorola is yet to give a timescale for the job losses.

The company announced last month that it would be splitting off its mobile devices division and attempt to return it to solvency as a unique venture; however analysts are cautious in their outlook, and the news that severance costs alone will result in a Q1 pretax bill of $104m is unlikely to do Motorola’s share price any favours.

[via Engadget]