Google plans to cut 20 percent of jobs at Motorola unit
Google Inc. will cut about 4,000 jobs at its Motorola Mobility Holdings Inc. unit, or 20 percent of the staff at the company it bought for about $12.5 billion, Bloomberg reported. Two-thirds of the reductions will be outside the United States, Google said today in a regulatory filing. Google will also shut down about one-third of Motorola Mobility’s 90 facilities and simplify its wireless product portfolio, it said. Gkkoogle said the measure will incur severance-related costs of no more than $275 million. “These changes are designed to return Motorola’s mobile devices unit to profitability,” Google said in the filing.