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Motorola to Cut 800 Jobs Ahead of Google Acquisition

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Business as usual

jmoita2

Oct 31, 2011, 9:42 AM
Of course, they can pay $12.5 BILLION!!!! in their aquisition,but the workers gotta go ASAP; cant keep them expensive american workers around,cant they??? Next thing you know,they "create" 800 new jobs in Indonesia,or the Philipines!!!
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Globhead

Oct 31, 2011, 11:46 AM
The "They" with $12 billion is Google.

The "They" which is firing 800 people is Motorola, which is not yet owned by Google and has been losing money continuously.

And when the $12 billion deal is final, the money goes to the Motorola stockholders who currently own Motorola, it does not go into a payroll account.
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Mark_S

Oct 31, 2011, 12:05 PM
Guess you are not one of the 800 then.
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Globhead

Oct 31, 2011, 6:14 PM
Are you saying that anyone in that group must be as confused as the OP? Hardly respectful.
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