Google Puts 1,200 Motorola Jobs on the Chopping Block
In the fourth quarter, Motorola had revenues of $1.51 billion, a dip over previous quarters, and it reported a $353 million operating GAAP loss, according to TechCrunch. Google has moved its executives around to help run Motorola, but the company has yet to reverse its losses.
However, Motorola could be a particularly useful asset for Google in competing against other high-caliber mobile manufacturers running Android, such as Samsung. It’s no news that Google has been contemplating raising its stakes in the mobile market, and Motorola could be an ideal vehicle for that.
As of right now, Motorola still has about 10,000 employees on its payroll, and will likely continue to move and morph on its way to becoming profitable once again.
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