Google to Fire 20% of Motorola Mobility's Staff
Article by George Norman
On 13 Aug 2012
Google decided to lay off 20% of Motorola Mobility’s staff. That’s about 4,000 people who will lose their jobs.

Mountain View-based search engine giant Google entered an agreement to acquire cell phone and electronics maker Motorola Mobility for 12.5 billion back in February. Then in May the company announced that the deal to acquire Motorola Mobility has been closed. Google co-founder and CEO Larry Paige said at the time:

Advertising

“I’m happy to announce the deal has closed. Motorola is a great American tech company, with a track record of over 80 years of innovation. It’s a great time to be in the mobile business, and I’m confident that the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.”

Following the official closure of the acquisition, Sanjay Jha stepped down as CEO of Motorola Mobility and Dennis Woodside, former President of Google’s Americas region was appointed as the new CEO. Sanjay Jha remained on board to ensure a smooth transition.

Now that Google is in charge of Motorola Mobility, it decided to get its new property in order and lay off unnecessary staff. Google decided to lay of 20% of Motorola Mobility staff, meaning that 4,000 employees will get a pink slip pretty soon – Google did not say when it will start to send out layoff notices; it did say that it expects to incur a severance-related charge of no greater than $275 million. To put in other words, it will cost Google some $275 million to layoff 4,000 Motorola Mobility employees.

Speaking about employees, it has recently come to light that Google takes care of an employee’s family even after that employee dies. When a Google employee dies, the company pays the spouse half that employee’s salary for a period of 10 years. To any surviving children, the company pays $1,000 per month – this amount is paid until the child turns 19 or until 23 if the child is in full-time education.




Tags: Google, Motorola Mobility, acquisition, layoff, job
About the author: George Norman
George is a news editor.
You can follow him on Google+, Facebook or Twitter

I Hope you LIKE this blog post! Thank you!
What do YOU have to say about this
blog comments powered by Disqus
Popular News
By George Norman on 17 Aug 2017
With the blockbuster movie season upon us, Sony decided to celebrate the occasion with a sale: the Attack of the Blockbusters Sale that offers discounts of up to 50% (60% if you’re a PlayStation Plus member) on a ton of PS4 video games.
By George Norman on 17 Aug 2017
Samsung’s new T5 portable solid-state drive (PSSD) uses the latest 64-layer V-NAND technology, offers between 250GB and 2TB of storage capacity, has a lightweight and shock-resistant design that’s smaller than the average business card, and delivers industry-leading transfer speeds of up to 540 MB/s.
Related News
By George Norman on 30 Jun 2017
Let’s face it, you’re never going to develop a software application or a mobile app that will make you a lot of money, and you’ll never earn a living by playing video games.
By George Norman on 24 Jul 2017
Piriform, the London-based company that’s best known for its very useful CCleaner cleaning utility and optimization tool, has been acquired by Avast, the Czech security company that bought AVG for $1.3 billion about a year ago.
By George Norman on 02 Aug 2017
Your tech skills and even your hobbies could earn you a little extra cash if you aren’t earning enough at your 9 to 5. You could put that extra dough to good use and get...
By George Norman on 21 Jun 2017
Fidget spinners, the toys that the internet loves to hate, have managed to grab Google’s attention. The search engine is offering a virtual fidget on desktop as well as mobile. Simply search for "spinner" and Google Search will bring up a fidget spinner quick answer card.
Sponsored Links
Hot Software Updates
Top Downloads
Become A Fan!
Link To Us!
Google to Fire 20% of Motorola Mobility's Staff
HTML Linking Code