Reuters: Technology News: Google to cut 1,200 jobs at Motorola Mobility: WSJ

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Google to cut 1,200 jobs at Motorola Mobility: WSJ Mar 8th 2013, 06:38 Tweet Share this Email Print Related News UPDATE 3-Judge cuts Apple award vs Samsung, sets new damages trial Fri, Mar 1 2013 Networking creates devices buzz at mobile fair Wed, Feb 27 2013 Apple signals emerging-market rethink with India push Mon, Feb 25 2013 Judge narrows Google patent suit against Microsoft Thu, Feb 7 2013 Analysis & Opinion Where did Apple's missing market value go? Essential reading US fights offshore tax evasion, and more The Google signage is seen at the company's headquarters in New York January 8, 2013. Credit: Reuters/Andrew Kelly Fri Mar 8, 2013 1:38am EST (Reuters) - Google Inc's Motorola Mobility unit will slash 1,200 jobs or 10 percent of its workforce as the smartphone maker tries to return to profitability, the Wall Street Journal reported on Friday, citing a company email. The layoffs come on top of 4,000 jobs Google eliminated at Motorola Mobility in August as the Internet search giant seeks to make more smartphones and fewer simple handsets. The email about the job cuts, which will affect workers in the United States, China and India, said "our costs are too high, we're operating in markets where we're not competitive and we're losing money," according to the Journal. Google bought the money-losing cellphone maker for $12.5 billion last year - its largest acquisition ever - aiming to use Motorola Mobility's patents to fend off legal attacks on its Android mobile platform and expand beyond its software business. The acquisition raised concerns on Wall Street that Google was entering a business with much lower profit margins. Google and Motorola Mobility could not be immediately reached for comment by Reuters outside regular business hours. (Reporting by Sagarika Jaisinghani in Bangalore and Alexei Oreskovic in San Francisco; Editing by Edwina Gibbs) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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