In August, Google announced they would lay off Motorola Employees at an estimated 20% of the jobs. Now, it has moved up to a 23% job reduction. The plan also includes them slosing 30% of their facilites, located all around the world. After all the price cuts and cut offs, they ended gaining 0.7%, leaving stock prices at $768.05 on Thursday.
Thursday, October 4, 2012
Google Cuts more Motorola Jobs than Expected
In August, Google announced they would lay off Motorola Employees at an estimated 20% of the jobs. Now, it has moved up to a 23% job reduction. The plan also includes them slosing 30% of their facilites, located all around the world. After all the price cuts and cut offs, they ended gaining 0.7%, leaving stock prices at $768.05 on Thursday.
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