Google’s attempts to return their Motorola Mobility unit to profit has led to another round of layoffs with more than 10% or 1200 employees leaving the company. Motorola’s staff were informed via email earlier in the week that “while we’re very optimistic about the new products in our pipeline, we still face challenges,” and added “our costs… Read more
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… Read more
Google has finally gotten permission from everyone to buy Motorola. Even China signed off on the deal. Motorola is pretty much theirs now. No one knows what this means, if it’ll change Motorola in any way, or if it was just for Moto’s big patent library, but any way you look at it, it’s probably a good thing. But there will have to be sacrifices. We… Read more
2012 is indeed a rebuilding year for T-Mobile. In a memo sent out by T-Mobile CEO Philipp Humm, he talks about the “second essential step” T-Mobile is taking. The first step was shutting down 7 call center, which meant laying off 3,300 employees. Humm didn’t say anything about the second step, aside from the fact that it would be a new structure… Read more
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