Motorola layoffs imminent after Google buyout, report claims

. Following China's recent regulatory approval, Google's $12.5 billion acquisition of Motorola Mobility is expected to close in the next two days. Motorola employees may not be celebrating, however. TechCrunch reported on Monday that layoffs will be hitting the manufacturer imminently. When Google purchased DoubleClick, the company had 1,600 employees, 40% of that which were laid off following the buyout. At the time Google's acquisition was announced, Motorola Mobility had 19,000 employees.

Boy Genius Report, Motorola layoffs imminent after Google buyout, report claims