Entries in Layoffs (31)

Monday
Aug132012

Google lets go of 4,000 Motorola Mobility employees

By Gadjo Cardenas Sevilla

In an effort to curtail Motorola's Mobility's declining sales, Google has let go of 4,000 employees of Motorola Mobility, the company it acquired for $1.5 billion last year in order to secure valuable patents that would aid the search giant in its efforts to dominate the mobile smartphone and tablet market.

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Friday
Jun152012

Nokia to cut 10,000 jobs by 2013 in latest restructuring move

By Gadjo Cardenas Sevilla

Nokia announced that it would cut 10,000 jobs from its workforce in order to cut costs and try to turn the company around. Included in the reductions is Nokia's R&D facility located in Burnaby, British Columbia.

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Monday
Oct312011

Motorola Mobility cuts 800 jobs prior to Google acquisition

By Gadjo Cardenas Sevilla

Motorola Mobility will let go of 800 people in preparation to the acquisition by Google. The job cuts will cost around $27 million in severance as well as $4 million for factory closures according to a report form Bloomberg Businessweek.  Google is purchasing Motorola Mobility for $12 billion, the acquisition was announced on August 15th.

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