Motorola Mobility is set to cut another 1,200 jobs, or more than 10 percent of its workforce, in an effort to cut costs.
According to an email obtained by the Wall Street Journal, Motorola is set to cut 1,200 jobs in the coming weeks. ”While we’re very optimistic about the new products in our pipeline, we still face challenges,” the email said as a way to explain the cuts. The email went on to state, “our costs are too high, we’re operating in markets where we’re not competitive and we’re losing money.”
“These cuts are a continuation of the reductions we announced last summer. It’s obviously very hard for the employees concerned, and we are committed to helping them through this difficult transition,” a Motorola spokesperson said of the cuts.
This is the second round of layoffs in just over six months. Previously, 4,000 jobs were cut in Aug. 2012, which also included the closures of multiple offices. With Google’s CFO recently saying that the upcoming products don’t “wow,” this may not be the last time we hear news of this nature.