Sign Out
Logged In:
 
 
 
 
 
Tab Image

Latest News

OR-MASTER
A new £2.8 million project is to find ways to address the UK’s airport congestion without relyi...

All at sea
Predictive analytics is coming to the aid of the shipping industry with the introduction of a n...

Digitally influenced sales soar in brick-and-mortar stores
Digital interactions are expected to influence 64 cents of every dollar spent in retail stores ...

BBC's iPlayer and Sky's Now TV across Europe.
EU officials want the public to be able to continue using catch-up services, such as the BBC's ...

Forecasting Academy Schools
Academy status affects the school’s funding, and as this is provided from central sources rathe...

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.