DaMan
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<center><a href="http://www.bgr.com/2011/10/31/motorola-mobility-to-shed-800-jobs-ahead-of-google-merger"><img class="aligncenter size-full wp-image-93061" title="Motorola-Mobility-Logo" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/06/Motorola-Mobility-Logo110609120732.jpg" alt="" width="510" height="357" /></a></center>
Motorola Mobility will spend $31 million as it lays off 800 employees ahead of its planned acquisition by Google, <em>Bloomberg</em> reported on Monday. Motorola said in a regulatory filing that it would spend $27 million in employee severance and an additional $4 million closing a number of existing facilities. “Motorola Mobility continues to focus on improving its financial performance by taking actions to manage the company’s costs,” company spokeswoman Jennifer Weyrauch-Erickson told <em>Bloomberg</em>. Google announced its intentions to <a href="http://www.bgr.com/2011/08/15/google-to-acquire-motorola-mobility-for-12-5-billion/">purchase Motorola Mobility for $12.5 billion</a> on August 15th. Google CEO Larry Page said the acquisition would <a href="http://www.bgr.com/2011/08/15/google-ceo-larry-page-explains-reasoning-behind-motorola-acquisition-spoiler-patents/">provide Google with patents</a> that will help the company defend its Android partners in lawsuits with Microsoft, Apple and others. <span id="more-110301"></span>
<a href="http://www.businessweek.com/technology/job-cuts-to-cost-motorola-mobility-31-million-10302011.html">Read</a>
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Via BRG - Boy Genius Report
Motorola Mobility will spend $31 million as it lays off 800 employees ahead of its planned acquisition by Google, <em>Bloomberg</em> reported on Monday. Motorola said in a regulatory filing that it would spend $27 million in employee severance and an additional $4 million closing a number of existing facilities. “Motorola Mobility continues to focus on improving its financial performance by taking actions to manage the company’s costs,” company spokeswoman Jennifer Weyrauch-Erickson told <em>Bloomberg</em>. Google announced its intentions to <a href="http://www.bgr.com/2011/08/15/google-to-acquire-motorola-mobility-for-12-5-billion/">purchase Motorola Mobility for $12.5 billion</a> on August 15th. Google CEO Larry Page said the acquisition would <a href="http://www.bgr.com/2011/08/15/google-ceo-larry-page-explains-reasoning-behind-motorola-acquisition-spoiler-patents/">provide Google with patents</a> that will help the company defend its Android partners in lawsuits with Microsoft, Apple and others. <span id="more-110301"></span>
<a href="http://www.businessweek.com/technology/job-cuts-to-cost-motorola-mobility-31-million-10302011.html">Read</a>
<img src="http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/4PFxLwG4jHc" height="1" width="1"/>
Via BRG - Boy Genius Report
