Motorola Mobility cuts 800 jobs prior to Google acquisition

By Gadjo Cardenas Sevilla

Motorola Mobility will let go of 800 people in preparation to the acquisition by Google. The job cuts will cost around $27 million in severance as well as $4 million for factory closures according to a report form Bloomberg Businessweek.  Google is purchasing Motorola Mobility for $12 billion, the acquisition was announced on August 15th.

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