News Summary: Google cutting more Motorola jobs

Published on NewsOK Modified: March 8, 2013 at 1:27 pm •  Published: March 8, 2013
Advertisement
;

MORE JOB CUTS: Google is cutting 1,200 additional jobs in its Motorola division. It announced 4,000 job cuts last summer.

PARING BACK: Google bought Motorola Mobility for $12.4 billion in 2012, primarily for its patents. At the time, it had 20,000 employees. About 7,000 people working for the division's set-top boxes will also leave Google when the sale of that business closes this year, as planned.

DIFFICULTIES: Motorola has posted operating losses of $1.1 billion since being acquired as the mobile device maker loses market share to Apple and Samsung.


Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Dave Chappelle Reveals Shockingly Buff New Look
  2. 2
    Peaches Geldof Funeral to Be Held on Easter Monday
  3. 3
    Mayor Who Fired Lesbian Police Chief Caught On Tape In Homophobic Tirade
  4. 4
    NBA commissioner wants to raise age limit to 20
  5. 5
    Dream guitars I wouldn't mind calling my own (34 Photos)
+ show more