Reporters wait outside the United States Courthouse and Federal building after a jury reached a decision in the Apple Samsung trial on Friday, Aug 24, 2012 in San Jose, Calif. After a year of scorched-earth litigation, a jury decided Friday that Samsung ripped off the innovative technology used by Apple to create its revolutionary iPhone and iPad. The jury ordered Samsung to pay Apple $1.05 billion. An appeal is expected. (AP Photo/Tony Avelar)
News Summary: Google cutting more Motorola jobs
Published: 07:27:29 PM, Fri 08 March 2013 UTC
MORE JOB CUTS: Google is cutting 1,200 additional jobs in its Motorola division. It announced 4,000 job cuts last summer.
PARING BACK: Google bought Motorola Mobility for $12.4 billion in 2012, primarily for its patents. At the time, it had 20,000 employees. About 7,000 people working for the division's set-top boxes will also leave Google when the sale of that business closes this year, as planned.
DIFFICULTIES: Motorola has posted operating losses of $1.1 billion since being acquired as the mobile device maker loses market share to Apple and Samsung.
Tags:
motorola, samsung, google, apple inc., news summary, apple, job cuts, employees, mobile phone, iphone, market share, summer, time, business, difficulties, people, patents, mobile river, the sale, additional jobs, operating losses, mobile device, motorola mobility, motorola division, set-top boxes, mobile web, motorola jobs, mobile device maker, paring