Motorola to Cut Jobs, Close Offices, Focus on Fewer Phones
Google has announced sweeping changes that are in the works for its Motorola subsidiary. The company is cutting 20% of Motorola's work force, which amounts to some 4,000 people, with approximately 1,300 of them being cut in the U.S. Google will also close about one-third of Motorola's 94 worldwide offices and exit unprofitable markets as it retools the smartphone maker in a bid to make it more competitive. It will dial down research in India and Asia and will concentrate its research and development in Chicago, Sunnyvale, and Beijing. Motorola will also focus on making fewer, high-quality devices and may abandon the entry-level smartphone business. Motorola Mobility CEO Dennis Woodside said that the company introduced 27 phones in 2011 and will dial that down to just a few per year moving forward. According to The New York Times, Google has also "gutted" Motorola's upper management, and has eliminated 40% of the company's vice president ranks. Google finalized its purchase of Motorola Mobility earlier this year.
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It's a great idea
I hate to see job losses....