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Motorola Mobility to cut 500 jobs in Chicago

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Motorola Mobility began laying off about 500 employees Thursday, cutting 25 percent of its Chicago workforce.

The company has 2,000 employees in the area, according to the Chicago Tribune.

Motorola Mobility, which invented the commercial cellphone only to later lag behind competitors including Apple, is owned by Beijing-based Lenovo.

Read more from the Chicago Tribune.

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