Motorola Mobility to slash 4,000 jobs

  • Mobile phone maker Motorola Mobility is to slash 4,000 staff worldwide in a bid to return to profitability.

    The job losses are the equivalent of 20 percent of its workforce.

    Two-thirds of the jobs will go outside the U.S. with the cost of severance packages expected to be $275 million.

    The firm, which was bought by Google last year, plans to close or merge about a third of its 90 facilities including offices and factories.

    The US-based firm also announced it was to shift away from low-cost non-smartphones to "more innovative and profitable devices".