Google’s second quarter earnings report was met with disappointment yesterday when the company revealed it fell short of Wall Street’s lofty expectations, posting a revenue of $14.11 billion. Buried deep within the report, however, was an even more shocking revelation. In the past three months, Motorola Mobility (which Google acquired in 2011 for $12.5B), shed a total of 5,383 jobs.
On a worldwide basis, we employed 44,777 full-time employees (40,178 in Google and 4,599 in Motorola Mobile) as of June 30, 2013, compared to 53,891 full-time employees (38,739 in Google, 9,982 Motorola Mobile, and 5,170 Motorola Home) as of March 31, 2013.
It’s unclear exactly what happened to all those Motorola employees, though it was expected that Google would cut some gigs after it acquired the company. Google did see a slight increase in employees overall during Q2, so it’s possible that some staff was redeployed to Google’s offices rather than being let go, though we’re not entirely sure that’s the case.