“Google Inc.’s Motorola Mobility hardware unit has begun laying off about 1,200 employees, or more than 10% of its headcount, according to a company email reviewed by The Wall Street Journal, as the smartphone maker continues trying to return to profitability,” Amir Efrati reports for The Wall Street Journal.
“Motorola staffers were informed by the company via email this week that ‘while we’re very optimistic about the new products in our pipeline, we still face challenges,” Efrati reports. “The company email added that ‘our costs are too high, we’re operating in markets where we’re not competitive and we’re losing money.’ The layoffs will affect workers in the U.S., China and India.”
Efrati reports, “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. As of the end of 2012, Google said Motorola had 11,113 employees. That didn’t include the Motorola Home business, which makes television set-top boxes and was sold to Arris Group Inc. for $2.35 billion in December.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]
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