Google closes Motorola Mobility Israel

Motorola Mobility Israeli will fire its 30 employees as part of the 20% cut of the Google division's global workforce.

Google Inc. (Nasdaq: GOOG) has decided to close down Motorola Mobility Israel and fire its 30 employees.

Last week, Google announced that it planned to fire 4,000 employees at Motorola Mobility, 20% of the division's global workforce. Google acquired Motorola Mobility, a maker of Android smartphones and tablets, earlier this year for $12.5 billion, in order to use the company's patents.

Two thirds of the layoffs at Motorola Mobility are outside the US, and Google is closing a third of the division's facilities. The restructuring is due to take place within weeks. The layoffs will include 40% of Motorola Mobility's top management, according to "Bloomberg".

Motorola Mobility Israel said in response, "We are closing the local branch, and the employees will not remain at the company."

Published by Globes [online], Israel business news - - on August 19, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018