Google Says More Job Cuts Coming To Motorola Mobility Unit

Google’s original plan to lay off 20% of their Motorola Mobility unit may have been understated according to a new Google statement. While Google originally planned to spend $275 million on severance packages as announced back in the middle of August, Google is now revising that number to $300 million. Moreover, Google says it will spend another $90 million on “other charges related to facility and market exists,” and says that more cutbacks and charges may come, “some of which may be significant.”

The original announcement had indicated that more than 4,000 employees of Motorola Mobility were likely to receive pink slips.

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