News: Motorola may shut operations in India

C-Suite

Motorola may shut operations in India

As a part of its global strategy to prune its near 20,000-strong workforce by 20 percent and close more than 30 sales offices and R&D units worldwide, US based Motorola Mobility may shut operations in India. Industry executives aware of developments at the handset maker's India operations said the employees were being let go and only people working on projects relevant to products being sold in the US market were being retained. The mobile phone maker will also give 'generous' severance packages and outplacement services to employees that will be impacted.

As a part of its global strategy to prune its near 20,000-strong workforce by 20 percent and close more than 30 sales offices and R&D units worldwide, US based Motorola Mobility may shut operations in India. Industry executives aware of developments at the handset maker's India operations said the employees were being let go and only people working on projects relevant to products being sold in the US market were being retained. The mobile phone maker will also give 'generous' severance packages and outplacement services to employees that will be impacted.

Motorola's India presence has been less than significant which could be the reason of the exodus. In fact, Motorola's new chief executive Dennis Woodside was recently quoted that operations in Asia and India, research and development centers in Chicago, Sunnyvale and Beijing would get significantly smaller.

Source: The Economic Times
 

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Topics: C-Suite, #Updates

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