Google acquisition Motorola laid off 800 employees
CALIFORNIA - Google's acquisition of Motorola's Mobility was badly affected for several employees at Motorola. Because the company is reportedly going to cut employees.
After Google acquired Motorola with a value of USD12.5 billion, the vendor is prepared to reduce employment to 800 people. This decision was taken, because Motorola wants to tighten the budget by removing the division that does not really matter
Reported by Bloomberg, on Tuesday (1/11/2011), a result of thee layoffs Motorola will prepare approximately USD31 million to provide severance pay to some employees who were fired, including going to cost to cover the division is not yet known it.
Action was laid off 800 employees, is trimming less than 5 percent of the total number of employees Motorola Mobility which reached 17 thousand people.
Google itself is not to acquire Motorola strengthen its hardware business, but rather to secure a number of patents owned by the company. That is, Motorola must remain independent in competing in the smartphone market
Google acquisition Motorola laid off 800 employees
