Thursday, March 7, 2013
Motorola workforce to drop by 10 percent, cuts being made in US, China and India
Google's Motorola unit seems to be facing some hard times -- according to an email acquired by the Wall Street Journal, up to ten percent of the division's workforce is facing layoffs. "While we're very optimistic about the new products in our pipeline, we still face challenges," explained the email. High costs and losses in competitive markets are forcing the company to make staffing cuts. "These cuts are a continuation of the reductions we announced last summer," a spokesman told theWSJ. "It's obviously very hard for the employees concerned and we're committed to helping them through this difficult transition. Much like the company's August staff reduction, the new layoffs will effect workers in China, India and the US, reducing the team by about 1,200 employees overall. It's a rocky start to the season, but one the company deems necessary to get it through the next generation of mobile devices. Hopefully it has something in store with enough "wow" factor to stave off future cuts.
SOURCE: Wall Street Journal