Sign Out
Logged In:
 
 
 
 
 
Tab Image

Latest News

Global list of hotels hit by malware
The Hyatt hotel chain has posted a global list of hotels hit by malware that was found on its c...

Android smartphones leak lots of users' information to third parties
Apps on Apple and Android smartphones leak lots of users' information to third parties, researc...

Feed the World
The Institute for Operations Research and the Management Sciences (INFORMS) and Syngenta (winne...

BBC has new online store
The BBC has launched a new online store where viewers can download recent programmes as well as...

Great feedback from Diabetes UK
A team of volunteers has recently finish a project with Diabetes UK.

More

Tab Image

Features

A window on the world of O.R.?
The “invisibility cloak” of science fiction is now fact, albeit with limitations. O.R. could claim to have had the power of invisibility for years, though not by desire; what we want is the opposite - a high-visibility jacket! Indeed, part of the mission of the OR Society is to help make our presence more visible. But perception involves both the observed and the observer. And all of us have open and hidden parts.

YOR18 – OR – A Twenty Twenty Vision
The 18th Young [to] OR Conference got off to a great start with the plenary session given by the President of the OR Society, Dr Geoff Royston. Antuela Tako, the chair of the organising committee, began the proceedings by telling the audience what had been planned for them and how to find out more about streams.

The Education & Research Committee
- Roles and Responsibilities: Brian Dangerfield (Liaison with ESRC)
Ruth Kaufman, Inside OR February 2013

Tab Image

Posted on 29 August 2012

Technology

Layoffs expected as Google aims to streamline unprofitable business

Google Inc. (GOOG) recently said it will reduce Motorola Mobility's work force by about 20% to help streamline the money-losing wireless phone maker.

The cuts, aimed at returning Motorola's once-dominant mobile devices unit to profitability after the business spent 14 of the past 16 quarters in the red, comes as analysts speculate Google also is considering a spinoff of its home TV business, which mostly provides set-top boxes and other equipment to cable providers. The company sees severance-related charges of up to $275 million, most of which will be booked in the third quarter. The remaining severance-related costs will be recognized by the end of 2012. Google also expects to record other significant charges tied to the restructuring effort in the current quarter.

Google warned that "investors should expect to see significant revenue variability for Motorola for several quarters" and that it expected to incur more restructuring charges, which "could be significant." It added that while lower expenses are likely to lag the immediate negative impact to revenue, it sees these actions as a key step for Motorola to achieve sustainable profitability.

Google in May bought Motorola Mobility through a $12.5 billion deal that armed it with thousands of patents, which have become increasingly valuable as technology companies trade lawsuits over their intellectual property. All of Motorola's new handsets use Google's Android mobile software. Google previously said it planned to cull the array of devices Motorola offers to emphasize a smaller number of smartphones.

Investors reacted positively to the news, pushing Google's stock up 1.1% to $649.12. The stock has climbed 15% over the past 12 months.