This has certainly been the year of “job cuts” for quite a few major companies. Up next…GOOGLE.
They will cut 4000 jobs in their Motorola Mobility Unit. You’ll recall that the last major success with Motorola was the Razr flip-phone which launched 8 years ago.
According to Reuters:
Google bought the money-losing cellphone maker for $12.5 billion last year – its largest acquisition ever – aiming to use Motorola Mobility’s patents to fend off legal attacks on its Android mobile platform and expand beyond its software business.
Motorola Mobility has 94 offices around the world//1/3 of the job cuts will be in the United States.