Motorola Mobility cut 4000 jobs
Google Inc will slash 20 percent of the workforce of Motorola Mobility in the Internet search giant's largest job cuts ever as it moves to make more smartphones and fewer simple mobiles.
Google bought the money-losing cellphone maker
for $12.5 billion last year, aiming to use Motorola Mobility's patents
to fend off legal attacks on its Android mobile platform and expand
beyond its software business.
The
cellphone maker has lost money in 14 of the last 16 quarters and in its
latest quarter reported an operating loss of $233 million on revenue of
$1.25 billion.