Monday, August 13, 2012

Google Is Slashing 20% Of Motorola's Staff ... - Business Insider

Google is cutting 4,000 jobs from Motorola Mobility, or about 20% of the company's workforce, Google said in an SEC filing.

TechCrunch is reporting that the layoffs will start today.

This move isn't exactly unexpected. When Google first announced its decision to buy Motorola Mobility back in August, 2011, Business Insider noted that Motorola Mobility's huge staff of 19,000 represented 60% of Google's total employees at the time.

Still, the layoffs represent Google's first big change to Motorola Mobility's business since Google's $12.5 billion acquisition of the company was approved earlier this year.

Source: http://www.businessinsider.com/google-is-slashing-20-of-motorolas-staff-starting-today-2012-8

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