motorola mobility

Motorola Mobility cuts headcount by about 1200 workers

Motorola Mobility has announced that it will be laying off approximately 10% of its current workforce. The 10% number will impact about 1200 employees. As Motorola Mobility continues to reduce costs in an effort to return to profitability. Motorola officials told employees via e-mail that they are "very optimistic" about the new products they're working on but that "costs are too high."

Motorola Mobility shareholders vote yes to Google merger

Back in August Google and Motorola Mobility declared their intentions to merge. The deal will cost Google $12.5 billion once complete and will land the search giant the hardware maker to go its popular OS. The merger deal has hurdles left to clear yet, but it is one-step closer to a done deal now.