{"id":354889,"date":"2010-02-23T12:23:07","date_gmt":"2010-02-23T17:23:07","guid":{"rendered":"tag:contentnext.com,2010-02-23:article\/419-motorola-break-up-plans-may-include-relocating-handset-business-to-cali"},"modified":"2010-02-23T12:23:07","modified_gmt":"2010-02-23T17:23:07","slug":"motorola-break-up-plans-may-include-relocating-handset-business-to-california","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/354889","title":{"rendered":"Motorola Break-Up Plans May Include Relocating Handset Business To California"},"content":{"rendered":"

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Now that Motorola (NYSE: MOT<\/a>) has made its break-up plans public<\/a>, it’s clear it won’t be completed without a number of painful decisions. <\/p>\n

Under consideration is whether Motorola’s handset business should move from its Chicago-area headquarters to California to be closer to a stronger work pool. In addition, long-time Motorola exec Dan Moloney has resigned to head Technitrol, a small electronic-parts manufacturer, the WSJ reports<\/a>.\n<\/p>\n

The plan includes turning the company into two publicly traded companies. One will include the mobile devices and home businesses, and the other will include its enterprise mobility solutions and networks businesses. Motorola\u2019s co-CEO and head of mobile devices Sanjay Jha will serve as CEO of the mobile devices and home businesses, and Co-CEO Greg Brown will serve as CEO of the enterprise group. The separation is targeted for the first quarter of next year.<\/p>\n

Given those leadership positions, it was likely that Moloney, who led Motorola’s TV set-top box business, didn’t see where he would fit into the equation. As far as moving the company to California, Jha told the WSJ in an interview that “We’ll go where that talent is, and right now, that looks like California.” Jha said it’s likely that it will retain an office and some employees in the Chicago suburb of Libertyville, where its mobile-handset unit is currently based.<\/p>\n

However, any relocation will likely have a big impact on the Chicago area, which has been home to thousands of employees over the years. Out of the company’s 53,000 worldwide employee base, more than 10,000 are in the Chicago area. Still, the company’s overall headcount is significantly lower than before. In the past year, it has shed 11,000 jobs, or about 17 percent of its workforce.\n<\/p>\n

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Now that Motorola (NYSE: MOT) has made its break-up plans public, it’s clear it won’t be completed without a number of painful decisions. Under consideration is whether Motorola’s handset business should move from its Chicago-area headquarters to California to be closer to a stronger work pool. In addition, long-time Motorola exec Dan Moloney has resigned […]<\/p>\n","protected":false},"author":2853,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-354889","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/354889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2853"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=354889"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/354889\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=354889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=354889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=354889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}