Motorola Mobility to cut 4,000 staff worldwide

Motorola Mobility to cut 4,000 staff worldwide

PanARMENIAN.Net - Mobile phone maker Motorola Mobility is to cut 4,000 staff worldwide as part of efforts to return to profitability.

This job losses are the equivalent of 20% of its workforce.

The firm, bought by Google last year, said it planned to close or merge about one third of its 90 facilities which include offices and factories.

US-based Motorola also announced a shift in emphasis away from low-cost non-smartphones to "more innovative and profitable devices".

Two-thirds of the jobs will go outside of the US, Google said. It expects the cost of severance packages to be $275m.

"Motorola is committed to helping them through this difficult transition and will be providing generous severance packages, as well as outplacement services to help people find new jobs," a statement said.

The firm would not comment on exactly where the jobs would be cut. It employs 250 staff in the UK at three sites; Basingstoke, Livingstone and Swindon, BBC News reported.

 Top stories
Apple looks set to launch its first official retail presence in the Middle East with a new store in Dubai's Mall of the Emirates.
Samsung Electronics saw a 20% year-on-year drop in its last quarter's profit. It blamed "slow global sales of smartphones".
Google is working with a host of Asian telecoms giants - China Mobile, China Telecom, Global Transit, KDDI, and SingTel.
Already on sale in the U.S., Canada and Japan, the devices is now set for release in other markets from August 28 .
Partner news