Motricity Layoff is Official - 250 Employees Cut

The pink slips finally arrived at Motricity in North Carolina, yesterday. We first had this news back on the 26th of February - but at that time, it was only a rumor, nothing had been set in stone yet.
This all changed yesterday - Motricity ended up cutting a total of 250 workers at its Durham location, and has confirmed that it will be moving corporate headquarters to Bellevue, Washington.
A skeleton crew of less than 100 employees will remain in Durham, and the company will either sublet the excess space in its facility, or move to a smaller location.
Employees being cut will receive severance based on their seniority as well as vacation time.