The latest casualty of the modem market’s consolidation is Marvell, which announced a “significant restructuring” of its mobile platform division which will involve a sharp reduction in its activities and workforce. The plan will involve cutting about 17% of its total global workforce – it employed 7,163 people as of January 31. Marvell has not published a quarterly earnings report since May, but has offered preliminary estimates for the first half of fiscal 2016, in which it said its mobile platform unit had generated about $122m in revenues and $13m in gross profit. The company said the restructuring and job cuts will make annual operating expense savings of $170m to $220m. There had already been warning signs for Marvell in July, when it…