By Steve Rhodes
“Motorola Mobility is laying off about 700 employees in the Chicago area, representing about 23 percent of its local workforce, as part of broader job cuts and restructuring measures announced Monday,” the Tribune reports.
“After the local layoffs, Motorola Mobility will employ about 2,300 people in Libertyville and Chicago, Motorola Mobility spokeswoman Jennifer Erickson said. The Libertyville-based smartphone maker is laying off 20 percent of its 20,000-strong global workforce, affecting 4,000 employees worldwide, Google Inc. disclosed Monday in a filing with the Securities and Exchange Commission. The Mountainview, Calif.-based search giant acquired Motorola Mobility in May for $12.9 billion.
“The disclosure comes less than one month after Motorola Mobility and Mayor Rahm Emanuel made a high-profile announcement about the company moving its headquarters and 3,000 employees from Libertyville to the Merchandise Mart in 2013.”
But because the company hasn’t been outwardly against gay marriage, Emanuel proclaimed them still a symbol of Chicago values.
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Posted on August 13, 2012