Search Canadian Reviewer

Instagram

Featured Sponsors

ChameleonJohn - Online Coupons, Promo Codes, Discounts & Deals

--------------------------

DHgate.com 

2015 Canadianreviewer.com

REVIEWS

Plantronics Blackwire C725 USB headset with noise cancelling feature

Sony SmartWatch 3

ASUS ZenFone 2

Sony Xperia Z3 & Z3 Compact

Canary wireless security system

LG G4

Apple MacBook (2015)

BlackBerry Leap

Apple Watch

Kobo Glo HD eBook reader

Alcatel Onetouch Idol 3

Sennheiser Urbanite XL Wireless headphones

HTC One M9

Papago's GoSafe 520 Dash Cam

Muse brain sensing headband

Moto E (2nd Gen)

Samsung Galaxy S6

Intocircuit 2nd Gen Power Castle 15000mAh portable charger

Google Nexus Player

Dell XPS 13 (2015)

Alcatel OneTouch Pop 8 Android tablet

Samsung Galaxy Note Edge

27-inch iMac with 5K Retina Display

Alcatel OneTouch Idol X+

Martian Victory Voice Command Watch

BlackBerry Classic

Dyson Hot + Cool Fan and heater

Kyocera DuraForce tough smartphone

HTC RE mobile action camera

Amazon Kindle (2014)

Amazon Kindle Fire HD 7

808 HEX XL Bluetooth speaker

Belkin Thunderbolt 2 Express Dock HD Review

Kurio Extreme Tablet for Kids

Google Nexus 6

Mazda MX-5 (2015)

Canon EOS Rebel SL1

Google Nexus 9

Acer Aspire Switch 10 2-in-1 notebook

Samsung Galaxy S5 Active

Amazon's same-day delivery service

TomTom RIDER motorcycle GPS

ASUS S1 Pocket Projector

Nokia Lumia 830

iPad mini 3

iPad Air 2

Mac OS X Yosemite

Motorola Moto G (2014)

Dyson DC78 Turbinehead Animal vacuum

BlackBerry Passport

Saeco Minuto

Martian Notifier watch

Runtastic Orbit fitness tracking wearable

iPhone 6 Plus

iPhone 6

Moto 360

Moto X (2014)

Mazda CX-5 2015

MacPhun Software's Lost Photos

Parrot Zik Yellow Gold bluetooth headphones

Henge Docks Vertical Docking Station for MacBook Pro

Toshiba Canvio AeroMobile Wireless SSD

Sodastream's Home Carbonation System

TomTom Go 500 GPS

Nio Tag

Jabra ROX Wireless in-ear headphones

SEIDIO's Innocell adds battery life for iPhone5/5S

Parrot Asteroid SMART

Apple 13-inch MacBook Air (2014)

ASUS PB287 4K monitor

Hyundai Santa Fe XL 2014

Tech Armor SlimProtect Case for iPhone 5/5s

Roku Streaming Stick

« Review: Motorola RAZR V | Main | Clickfree's backup solution for Android devices now available for free »
Monday
Aug132012

Google lets go of 4,000 Motorola Mobility employees

By Gadjo Cardenas Sevilla

In an effort to curtail Motorola's Mobility's declining sales, Google has let go of 4,000 employees of Motorola Mobility, the company it acquired for $1.5 billion last year in order to secure valuable patents that would aid the search giant in its efforts to dominate the mobile smartphone and tablet market.

The 4,000 employees constitute around 20 per cent of Motorola Mobility's global workforce. Last October, Motorola Mobility let go of 800 people in preparation to the acquisition by Google. Those job cuts cost around $27 million in severance as well as $4 million for factory closures.

For this series of layoffs, Google will pay up to $275 million in severance.

“These changes are designed to return Motorola’s mobile devices unit to profitability, after it lost money in fourteen of the last sixteen quarters,” Google said in a filing with the U.S. Securities and Exchange Commission.

“While lower expenses are likely to lag the immediate negative impact to revenue, Google sees these actions as a key step for Motorola to achieve sustainable profitability.”

Google added that it is committed to "providing generous severance packages, as well as outplacement services to help people find new jobs," in a statement  released to the SEC.

Motorola Mobility has 94 offices throughout the world, most of the cuts are said to be focused in the US.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>