The search giant is making its first major move since fully acquiring the company in May, which will be to cut about 20% of jobs at Motorola Mobility Holdings, or roughly 4,000 employees.
A “person familiar with the matter” told Bloomberg Businessweek that two-thirds of the cuts will be outside of the U.S. Google will also close one-third of Motorola’s facilities.
“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,” Motorola Mobility said in an email statement.
Though the matter is still private, the unnamed source said the news will be announced within the coming weeks.
Google’s acquisition of Motorola was its largest ever takeover to date, for which it paid $12.5 billion. The relatively young search giant obtained Motorola’s steep patent portfolio, and made it a stronger competitor against other hardware manufacturers.
Are you suprised to see Google diminishing the Motorola workforce? Let us know what you think of this move in the comments. (Mashable.com)
No comments:
Post a Comment