More cuts at Motorola

[Ry]

http://www.droid-life.com/2016/09/26/motorola-goes-yet-another-massive-layoff/

Motorola has reached out to confirm this latest round of layoffs. The statement puts the total number of affected employees at less than 2% of the 55,000 that Lenovo employees globally (<1,100 or so then). The cuts are “part of the ongoing strategic integration between Lenovo and its Motorola smartphone business as the company further aligns its organization and streamlines its product portfolio to best compete in the global smartphone market.” Motorola also makes note that they are “absolutely committed to Chicago” and will remain there.

Lenovo today announced a resource action impacting less than two percent of its approximately 55,000 employees globally. The majority of the positions being eliminated are part of the ongoing strategic integration between Lenovo and its Motorola smartphone business as the company further aligns its organization and streamlines its product portfolio to best compete in the global smartphone market.

The company is also making adjustments in other areas of the business as part of a continued effort to manage costs, drive efficiency and support ongoing improvement in overall financial performance. While these actions are never easy, they are a necessary part of our continued efforts to ensure long-term, profitable growth across all of our businesses.

Lenovo is absolutely committed to Chicago and we plan to maintain our Motorola Mobility headquarters there. Chicago has a well-deserved reputation for technical excellence and as the hub of our global R&D for our smartphone business we expect to take advantage of local talent to continue developing Moto products there.

 

[SpookDroid]

2% sounds like a little, but then you realize that's over a thousand people losing their jobs
Hello, Moto... Goodbye, Moto.

 

[Inders99]

Sad, an unfortunate merger.

 

[TheMysteriousOne]

Sad news indeed...

 

[Morty2264]

This is so sad. All those people, without jobs...