Google swings the axe at Motorola1 hour ago
Internet giant Google says it plans to lay off about 4000 employees at Motorola, the mobile phone maker it purchased in May, in order to return the company to profitability.
"While we expect this strategy to create new opportunities and help return Motorola's mobile devices unit to profitability, we understand how hard these changes will be for the employees concerned," a company spokesperson told AFP on Monday.
According to The New York Times, the reorganisation plan calls for laying off about 20 per cent of Motorola's workforce and closing a third of its 94 offices worldwide.
They only purchased Motorola in May. What is going on?