Motorola is not performing well. Revenues down by 26% YoY. Company's cellphone sales is declining. 54% down QoQ. Company is under pressure and taking new actions to focus on new developments and future opportunities. What can you predict the 'new action' would be??
Yes, you are right. Layoff! Motorola is set to fire 4000 people during this year. Read this to know what company's CEO Mr. Jha has to say.
Company is saying it will focus on developing smart phones. Predictions are also that company will focus on developing android based phones and may discontinue its Microsoft based smart phones. However, there is no clear news about this...
What would be company's next move? Well, we don't know. But it is for sure that doing business and generating revenue is becoming tough for corporates and employees are under pressure to perform be it any company. I believe that new wave of android based open system and convergence of voice, data and video services will change the scenario in coming years. But till then keep your fingers crossed!
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