Officials say the company will vacate its offices, located at the American Tobacco Complex within nine months.
Officials outlined the company's strategic operating plan following the acquisition of InfoSpace Mobile. "Historically, Motricity has been involved in several areas of mobile content," said Ryan Wuerch, chairman and CEO. "The InfoSpace acquisition gave us the opportunity to refine the focus of our organization on areas where we have the strongest market position and are seeing the fastest growth today.
Wuerch said the majority of the layoffs will be Motricity employees, not InfoSpace workers.
According to the company's website, Motricity, "Allows people everywhere to enjoy the independence and productivity of a Mobile Lifestyle through the access, delivery and control of mobile content." Workers that were laid-off will be given 60-days notice and severance packages based on seniority.
