Motorola Mobility To Reduce Staff By 4,000

Source: Aaron Smith / CNN Money

NEW YORK – Cellphone maker Motorola Mobility, which is owned by Google Inc., will reduce its staff by 4,000 jobs, or one-fifth of its total workforce.

Two-thirds of these job cuts will occur outside the U.S., Google said Monday in a document filed with the Securities and Exchange Commission.

Google (GOOGFortune 500) also said Motorola Mobility will close or consolidate about one-third of its 90 facilities.

The company said the changes are aimed at returning Motorola Mobility to profitability after losing money in 14 of the past 16 quarters.

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