Google bought Motorola Mobility for $12.5 billions. Mostly because Motorola's vast patent portfolio. Motorola Mobility is a struggling phone maker and Google needs to fix this to keep some additional value.
The New York Times reports that Google has told employees that 20% of the work force will be fired and a third of its 94 offies worldwide will be closed.
A third of the job cuts will be in the United States. Overall Motorola wants to cut 4,000 employees.
If Google can bring back Motorola Mobility to its hayday RAZR times will be difficult.
Luigi Lugmayr Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at firstname.lastname@example.org.
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