Home Lenovo lays off another round of Motorola employees
News

Lenovo lays off another round of Motorola employees

Eric Born
Disclosure
Disclosure
In our content, we occasionally include affiliate links. Should you click on these links, we may earn a commission, though this incurs no additional cost to you. Your use of this website signifies your acceptance of our terms and conditions as well as our privacy policy.

Motorola's woes continue. Lenovo, which acquired Motorola from Google in 2014, laid off some of the phone maker's staff last summer after some troubling financial reports, and now the pink slips have shown up again. Despite some positive buzz from the Moto X, Moto G, and Moto Z families of smartphones, Lenovo has decided to lay off much of its Chicago-based Motorola staff. The layoffs will purportedly affect over half of the phone manufacturer's remaining workforce.

Droid Life shared a statement from Motorola which confirms the "resource action." The company didn't provide exact numbers, but indicated that the layoffs affect less than 2% of its 55,000 employees across the globe. Lenovo claims that the positions are being eliminated as part of its continuing efforts to integrate Motorola into its business. The company did quash any rumors that the remaining positions might be relocated, claiming that Lenovo is "absolutely committed to Chicago."

This is hardly the first time that Motorola has lost employees in recent years. Android Police notes that Motorola had about 20,000 employees in 2012, the year after the company was acquired by Google. After the current round of pink slips, Motorola will have about 500 employees, meaning that 97.5% of its workforce has been laid off in the last four years.

Latest News

Bitcoin (BTC) Price Set to Enter “Danger Zone” – Time to Back-Off or Bag More Coins?
Crypto News

Bitcoin (BTC) Price Set to Enter “Danger Zone” – Time to Back-Off or Bag More Coins?

SNB to Kick Off Rate Cut Cycle Sooner Than Expected
News

SNB to Kick-Start Rate Cut Cycle Sooner Than Expected

According to a Bloomberg survey of economists, the Swiss National Bank (SNB) is expected to start easing its monetary policy earlier than previously anticipated. The central bank is now projected to...

Top Crypto Gainers on 18 March – AVAX and RNDR
Crypto News

Top Crypto Gainers on 18 March – AVAX and RNDR

The new week has come with a new turn of events. Trading activities in the broad crypto market have dropped by 22.46% to $120.71 billion. This decrease hints at a...

smartphone security organization
Community Contributions

How to Successfully Tackle Smartphone Security in Your Organization

meme-season (1)
Crypto News

8 Meme Coins to Consider for Investment During the Current Meme Coin Trend

SpaceX Is Building A Network Of 100 Spy Satellites For The US
News

SpaceX Is Building a Network of 100 Spy Satellites for the US Government, Angers China

IMF Shared An Update About The February Security Breach
News

IMF Shared an Update about the February Security Breach – All Affected Email Accounts Resecured