Google to layoff even more people at Motorola
When it first announced its plans for layoffs, Google expected to pay about $275 million for severance packages, but now, by broadening its scope, the company will also have to bump the sum to $300 million. In addition, Google has announced that it'll pay an additional $90 million on "other charges related to facility and market exits," whatever that means.
To make matters even worse, however, Google also notes that there might be even more job cuts in the future, "some of which may be significant." Boy, it sure doesn't feel cool to be a Motorola Mobility employee right now.