Google to Cut 4,000 Jobs at Motorola Mobility Unit
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business -- about 20% of its employees -- and will close or consolidate about one-third of Motorola's 90 locations.
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business -- about 20% of its employees -- and will close or consolidate about one-third of Motorola's 90 locations.
In an attempt to reverse the market-share free fall it has been experiencing, Motorola Mobility has recently been trying to ramp up the pace of its product launches. But its rush to get hot new devices on the market has hit a couple of speed bumps with delays on the Droid Bionic and the Xoom LTE.
That's because Wednesday's launch is expected to be more of a refresh rather than a totally new product. However, if Steve Jobs were to show up at the launch event, that would get investors excited and likely pump up Apple shares.
Will the iPad 2 be hit by Apple's usual supply-shortage problems when it launches tomorrow as expected? Early reports say yes. But if Apple isn't careful, inventory problems could cost it sales because the market is now full of competitors.
It's tablets, tablets everywhere at this year's International Consumer Electronics Show in Las Vegas, which ends Sunday. Manufacturers such as Motorola Mobility, Toshiba and Dell have taken to hot pursuit of Apple, which sold more than 13 million iPads last year.
Just a day after Motorola split in two, its mobility division has unveiled the much-anticipated Xoom, the first tablet to run on a tablet-specific version of Android version called Honeycomb. Could this tablet be the one to give the Apple iPad a run for its money?





