Google Trims Headcount at Motorola
Updated: corrected layoff number
Google subsidiary Motorola has internally announced about 1,200 layoffs, 10% of its current workforce. The cuts follow layoffs of 4,000 last year. The cuts will be in the U.S., China, and India. According to an internal email obtained by the Wall Street Journal, company executies reasoned that "our costs are too high, we're operating in markets where we're not competitive, and we're losing money." After pumping out around 20 phones each year in the U.S. for most of the last decade, the company announced just ten in 2012.
Lenovo Announces Layoffs, Remains 'Committed' to Motorola
Lenovo today announced a workforce reduction that will see close to 2% of the company's 55,000 employees losing their jobs. Most of the more-than-1,000 cuts impact Lenovo-owned Motorola.
Sprint to Cut Headcount and $2.5 Billion in Costs
Sprint is prepared to reduce expenses by as much as $2.5 billion over the next year, reports the Wall Street Journal, and is likely to cut jobs to help it reach that goal. An internal memo sent to staff by CFO Tarek Robbiati obtained by the Journal said the cuts "inevitably will result in job reductions." Sprint had about 31,000 employees as of March.
HTC to Trim Headcount and Handsets
HTC today said it plans to make cuts to its employee base and reduce the number of handsets it releases in a bid to become more competitive with market leaders Apple and Samsung. "The cuts will be across the board," said HTC CFO Chialin Chang.
Qualcomm to Trim Headcount By 600
Qualcomm today indicated it is laying off about 600 people, or 2% of its global workforce of 31,300. The cuts are part of several measures the chip-maker is taking to reduce expenses by about $100 million.