Google To Cut 4,000 Jobs At Motorola

MOUNTAIN VIEW, Calif. -- Google said Monday that it will cut about 4,000 jobs at its Motorola Mobility wireless phone business and will close or consolidate about one-third of Motorola's 90 locations.

The reductions represent about 20 percent of Motorola Mobility's 20,000 employees, and two-third of the job cuts will take place outside of the U.S. The company said Monday that Motorola Mobility has lost money in 14 of the past 16 quarters.

Google said the changes are intended to make the unit profitable, but warned that investors should expect the business's revenue to fluctuate over the next few quarters.