Posted on Monday, August 13 2012 @ 16:47 CEST by Thomas De Maesschalck
CNET
reports Google announced it will cut 20 percent, around 4,000 people, of Motorola Mobility's workforce, in an attempt to return the unit the profitability. Two-thirds of the 4,000 jobs cut will be from outside the US, and a third of Motorola Mobility's offices around the world will be closed. Additionally, the company also announced that it plans to simplify its mobile product portfolio, shifting emphasis from feature phones to more innovative and profitable handsets.
"Motorola is committed to helping them (the employees) through this difficult transition and will be providing generous severance packages, as well as outplacement services to help people find new jobs," Google said in a statement.
Two-thirds of the 4,000 jobs to be cut will be from outside the United States, the company said in a filing with the U.S. Securities and Exchange Commission dated August 3.
The company also said in the filing that it plans to "simplify its mobile product portfolio -- shifting the emphasis from feature phones to more innovative and profitable devices."
