Motorola to cut 10 percent of workforce - report

Friday 8 March 2013 | 09:08 CET | News
Motorola Mobility has informed staff that it started laying off around 1,200 workers, or over 10 percent of its total workforce, on top of the 20 percent job reduction announced in August 2011, reports the Wall Street Journal, citing an internal e-mail. The company told staff that its costs are too high, it is operating in markets where it is not competitive and it is losing money. The latest round of job cuts will affect employees in the US, India and China. Parent company Google said Motorola had 11,113 employees at the end of 2012, excluding STB maker Motorola Home, sold to Arris for USD

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Categories: Mobile & Wireless
Companies: Google / Motorola Mobility
Countries: World
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