Motorola Mobility announced plans to reduce its headcount by 4,000 employees. The company is looking to make two-thirds of the staff reductions outside of the U.S. with plans to close or to consolidate about one-third of its 90 facilities.

Google expects to incur a severance-related charge of no greater than $275 million, anticipated to be largely recognized in the third quarter, with the rest recognized by the end of 2012. The company also expects to incur other restructuring charges related to the actions, most of which will be recognized in the third quarter.

Motorola plans to cut the number of devices the company makes from the 27 it introduced last year to just a few. The company plans to shift to more “innovative and profitable” devices, probably like Google’s Nexus 7 tablet.

Source: PCworld.com