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Thursday, October 4, 2012

Just Another Mobile Phone Blog: Google Bumps Up Size, Cost of Motorola Cuts

Just Another Mobile Phone Blog
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Google Bumps Up Size, Cost of Motorola Cuts
Oct 4th 2012, 15:52


Google says that cuts at its newly acquired Motorola Mobility unit will be broader than it first thought, and it will now spend $300 million on severance charges. In August, the company told investors that those charges would cost $275 million. Google says it will also spend another $90 million on "other charges related to facility and market exits," and says more cuts and charges may come, "some of which may be significant."

http://allthingsd.com

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