Google to cut 1,200 Jobs

News — on March 8, 2013 at 1:22 am | Comment Now

Wall Street Journal reported that Google Inc. will cut down 1,200 jobs at its mobility wing of Motorola.

The number of 1,200 is concluded at a massive 10% of its total workforce. It is an attempt to reduce expenditures which are running into the profit section of Google’s balance sheet.

This job cut is affected in US, China and India.  As per the reports, organization said, “Our costs are too high, we’re operating in markets where we’re not competitive and we’re losing money.” Google’s buyout of this loss-making cell phone brand worth $12.5 billion is still not getting back on the right track; as was taken with a view to provide expansion platform for its Android base.

Google Slashes 1200 Jobs at its Motorola Wing

At present, the tech giant is looking towards more of smartphones and less of simple handsets.


Related Posts with Thumbnails

Random Posts

    Tags: ,

    Leave a Reply

    CommentLuv badge

    Trackbacks

    Leave a Trackback