Motorola Mobility preps more international job cuts as integration costs soar

Google said it expects more job cuts and higher costs as part of the restructuring of its Motorola Mobility unit, beyond what it detailed in August. In a filing with the U.S. Securities and Exchange Commission, Google said that it now expects to "broaden those actions to include additional geographic regions outside of the U.S." Google said it now expects to book severance costs of $300 million, above the $275 million it originally forecasted. The company also said it will take a charge of $90 million related to closing facilities and exiting markets this year and next, and around $40 million of those costs will be booked in the third quarter of this year. Google said in August it would slash around 4,000 jobs Motorola, or 20 percent of the unit's workforce, and said that two-thirds of the cuts are expected to come from Motorola's operations outside the United States. Article

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