Google plans 4,000 layoffs at Motorola | Inquirer Business

Google plans 4,000 layoffs at Motorola

/ 06:28 PM August 13, 2012

NEW YORK – Internet giant Google on Monday said it plans to lay off about 4,000 employees at Motorola, a cellphone maker it purchased in May, in order to return the company to profitability.

“While we expect this strategy to create new opportunities and help return Motorola’s mobile devices unit to profitability, we understand how hard these changes will be for the employees concerned,” a company spokesperson told Agence France-Presse.

According to The New York Times, the reorganization plan calls for laying off about 20 percent of Motorola’s workforce and closing a third of its 94 offices worldwide.

ADVERTISEMENT

About two-thirds of the affected 4,000 jobs will be lost outside of the United States, according to the report.

FEATURED STORIES

The company plans to leave unprofitable markets, stop making low-end devices and reduce the number of cellphone models it is producing, the paper said.

The Google spokesperson said help will be provided to those whose jobs were being cut.

“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,” the spokesperson said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Business, Employment, Google, Motorola

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.