Motorola making cut-backs in handset division

Phone Scoop is reporting that Motorola will be making serious cutbacks in their handset division this week. The layoffs are expected to potentially be close to 50% of the entire operation. In addition to cutting back on staff, Motorola will not have a booth at this years CTIA Wireless trade show in April (the largest wireless trade show in the US), and will only bring twelve new phones to the market next year- only producing one smartphone, in this case running Google Android. [PhoneScoop]