Now even Google announces cuts of 4,000 for Motorola
Cuts aimed at returning company to profitability.
Google has announced they're cutting jobs at the newly-acquired Motorola Mobility. Motorola will shed 20 percent of its workforce and a third of its offices worldwide. A third of the jobs to be lost will be in the US, with the remainder overseas.
Google acquired Motorola in 2011.
Google has promised to help give laid-off employees as soft a landing as possible. "Motorola is committed to helping them through this difficult transition and will be providing generous severance packages, as well as outplacement services to help people find new jobs," according to a spokeswoman for Google.
Some of the closures will occur overseas, in China and India.
Motorola will also narrow its work to just a few high-quality mobile devices. Until now, Motorola has consistently produced a wide range of devices with varying capabilities and prices. Now, the company is being directed to work on a few high-end devices. And Motorola will be exiting markets that are deemed "unprofitable."
As a final gesture, some 40 percent of the company's vice presidents have also been discharged, although a number of senior executives have been hired.
In all, the cuts are expected to increase efficiency, and hone the focus of the struggling mobile giant.
Google acquired Motorola in 2011 in an effort to protect itself from patent lawsuits, which are common in the mobile development industry.
Google is the world's largest search engine provider, and has expended operations into a wide range of fields, including mobile development over the past several years. Unfortunately, these endeavors have been difficult, and only rarely successful. Still, Google remains one of the world's most profitable companies, money that allows it to buy new subsidiaries and develop innovative new products.
© 2012, Distributed by NEWS CONSORTIUM.
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Pope Benedict XVI's Prayer Intentions for January 2013
General Intention: The Faith of Christians. That in this Year of Faith Christians may deepen their knowledge of the mystery of Christ and witness joyfully to the gift of faith in him.
Missionary Intention: Middle Eastern Christians. That the Christian communities of the Middle East, often discriminated against, may receive from the Holy Spirit the strength of fidelity and perseverance.
Keywords: Google, Motorola, profits, mobile, jobs, cuts
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