Motorola Mobility Announces Layoffs
Motorola Mobility is laying off 800 workers worldwide, according to a regulatory filing by the company. Once part of Motorola, the company spun off earlier this year into a separate, publicly traded company. It makes products for television, and mobile devices like the Droid Razor smartphone.
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RENEE MONTAGNE, HOST:
NPR's business news starts with mobile layoffs.
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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.
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