.

Motorola Mobility to Cut 700 Jobs in Libertyville, Chicago

Employees are being notified early this week about the status of their jobs.

Less than three weeks after announcing its , Motorola Mobility said it will cut 700 jobs in Illinois, including at its Libertyville headquarters and Chicago office.

According to Crain's Chicago Business, Motorola Mobility is cutting 4,000 jobs in total.

"The Chicago office is much smaller," said Jennifer Erickson, chief communications officer for Motorola Mobility. She added that "the employees are being notified early this week."

CNN Money said these cuts represent one-fifth of the company's workforce and that two-thirds of the jobs cut will be from outside the United States.

The Chicago Sun-Times reports that the job cuts will result in Motorola Mobility not receiving the $100 million in tax credits it was expecting because it won't have the minimum 2,500 employees required to receive the credits.

Share your thoughts on this news in the comment section.

And stay informed about all of your local news. Sign up for our free daily email newsletter on Libertyville Patch or Vernon Hills Patch, and like Libertyville Patch and Vernon Hills Patch on Facebook!

Chris Bettarelli August 16, 2012 at 03:05 AM
What the hell else is new at Motorola. For the past 10 years thats all they have been doing is laying off people. They specialize in laying people off now, they are good at it. I will never ever want to work there.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something