Motricity Announcement May Come As Early As Next Week

Motricity, the mobile content/technolgy firm, told employees today that it will make an announcement regarding layoffs as early as March 3, according to a source citing a letter sent to employees. The letter, sent by Motricity's CEO Ryan Wuerch today, said that the company did not have any more information for employees regarding layoffs following a report that as many as 200 jobs could be cut and that it is considering moving its headquarters out of Durham, NC to Bellevue, Wash. The letter said an announcement could come as early as the first of next week.

A reduction in staff has been expected since Motricity closed the acquisition of the mobile services group of Bellevue-based InfoSpace (NSDQ: INSP) on Dec. 28. Nearly a month later, Motricity held an employee-wide meeting on Jan. 31 to tell the 600 employees that they are still working on an integration plan and that it was expected to be completed by the end of this month. 

Related

• Rumors Of Major Cutbacks Swirl Around Motricity--What's The Deal?


• Motricity May Slash As Many As 200 Employees; May Move To Bellevue: Report