1. DroidForums.net is currently undergoing a major software upgrade. If you are experiencing any problems logging in please: Contact Us

Motorola Sheds 800 Jobs in Preparation for Google Acquistion

Discussion in 'Android News' started by dgstorm, Oct 31, 2011.

  1. dgstorm
    Offline

    dgstorm Editor in Chief Staff Member Premium Member

    Joined:
    Dec 30, 2010
    Messages:
    6,866
    Likes Received:
    1,192
    Trophy Points:
    113
    Location:
    Austin, TX
    [​IMG]

    Motorola Mobility is cutting 800 jobs in order to make the company leaner and more efficient for the upcoming acquisition by Google, according to Bloomberg. This job-cutting will initially cost the company $27 million in severance and $4 million for facility closures, but is necessary in the long run to reign in future costs and maximize efficiency for the company.

    Interestingly, Jennifer Weyrauch-Erickson, a spokeswoman for Motorola Mobility, indicated that the efforts are unrelated to the proposed acquisition. She also said, “Motorola Mobility continues to focus on improving its financial performance by taking actions to manage the company’s costs.”

    Motorola posted increased sales and beat analysts predictions last quarter, but has still hemorrhaged $32 Million dollars, which was an improvement from the previous quarter. As reported previously, Google is buying Motorola in order to gain access to their technology patents, so that they can better defend Android manufacturers against patent infringement lawsuits. The Motorola shareholders board will have a final vote on the acquisition on November 17th of this year.

    Source: Bloomberg/Businessweek
  2. dezymond
    Offline

    dezymond Tech Support Mod Staff Member Premium Member

    Joined:
    Nov 11, 2009
    Messages:
    10,625
    Likes Received:
    497
    Trophy Points:
    83
    Location:
    Bay Area, California
    wow that is a huge chunk of jobs being cut. wonder if Google will hire some of the workers who got cut back.
  3. 561427
    Offline

    561427 New Member

    Joined:
    Mar 4, 2010
    Messages:
    349
    Likes Received:
    3
    Trophy Points:
    0
    Location:
    Seattle, WA
    Does this means Google now controls the fate of the RAZR? Is the RAZR now a google backed phone? why would they release the Galaxy Nexus and then have the Droid RAZR on the market? I just really wanna know if Google will now control the RAZR and hopefully unlock the bootloader and provide ICS and updates quickly.
  4. akhenax
    Offline

    akhenax Well-Known Member

    Joined:
    Jul 13, 2010
    Messages:
    1,091
    Likes Received:
    99
    Trophy Points:
    63
    Location:
    NY
    ...and here I thought Google buying Motorola was a good thing. I wonder how high the unemployment rate will go now? Also, were these jobs cut in the U.S. or in China?
  5. TheOldFart
    Offline

    TheOldFart New Member

    Joined:
    Nov 26, 2009
    Messages:
    963
    Likes Received:
    27
    Trophy Points:
    0
    Location:
    New York State
    From what I remember reading when this was announced in August, Google will allow Motorola to control their operations. Google is mainly buying Motorola to gain access to the something like 17,000 Motorola patents to allow them to fight Apple and Microsoft.
  6. Willyammer
    Offline

    Willyammer New Member

    Joined:
    Nov 10, 2009
    Messages:
    91
    Likes Received:
    0
    Trophy Points:
    0
    Layoffs are the easy way to go. Why not save some $$ by paring back come C-level salaries and use your people more efficiently instead of laying them off. :mad:
  7. Heywood
    Offline

    Heywood New Member

    Joined:
    Sep 20, 2011
    Messages:
    262
    Likes Received:
    3
    Trophy Points:
    0
    Location:
    PDX
    Yay!
  8. Xplorer4x4
    Offline

    Xplorer4x4 New Member

    Joined:
    Mar 9, 2010
    Messages:
    1,005
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Evansville,IN
    Nay imo. With google taking over it would hopefully mean more openness/lees locked boot loaders and such. Google created Android as an open source project, it would make sense that with them more firmly in control, we would see devices shipped with pure android and less restrictions.