Advertisement

HindustanTimes Thu,21 Aug 2014

Google to cut 1,200 Motorola mobility jobs

PTI  New York, March 08, 2013
First Published: 22:17 IST(8/3/2013) | Last Updated: 22:18 IST(8/3/2013)

Google's Motorola Mobility hardware unit is laying off about 1,200 employees, around 10% of its headcount in the US, China and India, the Wall Street Journal said in a report.

Advertisement

Staffers of Motorola Mobility, which is trying to return to profitability, were informed by the company via an email this week about the said layoffs.

The email reviewed by the Wall Street Journal said that "while we're very optimistic about the new products in our pipeline, we still face challenges. ...our costs are too high, we're operating in markets where we're not competitive and we're losing money."

The new cuts come on top of a 20% reduction of Motorola's workforce that started last August, when it said it would lay off 4,000 employees.


Advertisement
more from Business

Steve Ballmer to log out fully from Microsoft, focus on NBA team

Former Microsoft CEO Steve Ballmer is stepping down from the company's board. Microsoft Corp. published Ballmer's resignation letter on its website Tuesday along with a response from current CEO Satya Nadella thanking him and wishing him well.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved