Motorola Mobility Announces Layoffs
RENEE MONTAGNE, HOST:
NPR's business news starts with mobile layoffs.
(SOUNDBITE OF MUSIC)
MONTAGNE: Motorola Mobility is laying off 800 workers worldwide, according to a regulatory filing by the company. The company was once part of Motorola, but spun off earlier this year into a separate, publicly traded company. Motorola Mobility makes products for television and mobile devices like the Droid Razor smartphone. It's also the business that Motorola agreed to sell to Google for about $12 billion. According to the Chicago Tribune, the company says the layoffs are not related to the merger.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.