News about Motricity Layoffs Coming Soon, Web Site Reports

RESEARCH TRIANGLE PARK – No layoffs have yet been announced at Motricity, but an announcement is coming, according to mocoNews.net.

The Web site, which covers the mobile content business, has been following the unfolding Motricity cutbacks story since Local Tech Wire first reported it last week. In fact, its Web site carries more than 200 comments from people (many saying they are current or former Motricity employees).

(Interestingly among the posters is a reporter from The News & Observer in Raleigh, who wants to talk with employees about what is happening.)

In the latest update Tuesday, mocoNews said Motricity Chairman and Chief Executive Officer Ryan Wuerch had distributed a letter to employees saying an announcement about layoffs would be coming soon.

“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,” mocoNews said.

“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.”