Photo: Ellis Hamburger, Business Insider
Motorola Mobility is laying off 800 workers, the company revealed in its earnings report last week.The cuts will run across both the phone and set-bop box businesses, and will cost about $31 million in the current quarter. Motorola will have about 18,000 employees after the cuts.
Google announced plans to buy Motorola for $12.5 billion in August. Shareholders will vote on the deal November 17 (see proxy statement here), and it still has to be approved by regulators. Both companies still expect the deal to close late this year or in early 2012.
Motorola Mobility reported a $32 million loss on $3.3 billion in revenue. In the same quarter last year, it los $34 million on $2.9 billion in sales.