In August 2012, for 12.5 billion dollars Google had purchased Motorola. Back then, Google got rid of 4000 employees. And now it’s that time of the year again. Wall Street Journal read a worldwide company email which stated that 10% of the employees will feel the heat again. The 10% include about 1200 employees and the maximum impact would be felt in India, US and China.
The news was confirmed by a Motorola spokesperson: “These cuts are a continuation of the reductions we announced last summer. It’s obviously very hard for the employees concerned, and we are committed to helping them through this difficult transition.”. The Motorola spokesperson added that they would be available to help the employees in any humanly manner possible.
Apart from this, the search giant has taken several other initiatives in trying to retrieve the lost glory- These include closing down of most of their international websites, pulling out from their Korean markets (laying off another 500 workers).
Motorola’s most recent financial quarters has seen the company post operating losses of $500 million in Q3 2012, and $350 million in Q4 2012. It now seems that they are discounted and slowly slipping into anonymity.
The company has started this season on shaky grounds, but it believes that these are important steps in speeding up it’s transition to the next generation of mobile devices. It’s is inspiring to see the faith that they have in themselves as they promises to comeback big. We just hope that the company is able to deliver and stun the markets.