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Google Confirms Motorola Mobility 4000 Layoffs

Tech Zulu Event

Google will however feel the layoffs. Motorola Mobility with its more than 17,000 patents and the 2004 RAZR in 2004 and the Droid and RAZR MAXX successes at acquisition was not a loss to Google. The post Google Confirms Motorola Mobility 4000 Layoffs appeared first on TechZulu. Motorola annual financial report is here.

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Valeant Sees Deeper Job Cuts

socalTECH

Aliso Viejo-based Valeant Pharmaceuticals is planning deeper cuts, after the firm's merger with Biovail , according to an email released by the firm via a regulatory filing Tuesday. Valeant said, in that email to employees, that the cuts are part of an effort to apply a low margin operating mindset to a high margin business.

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Rumor: Cooking.com Slashes Staff, Seeks Buyer

socalTECH

The anonymous tipster said that an interim management team is now seeing to sell the company after a severe layoff by its investors. Marina Del Rey-based Cooking.com is looking for a buyer, and has recently laid off at least sixteen staff, according to a reader tip.

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Sell when growth is high, even if cash flow is low.

Berkonomics

Email readers, continue here…] But this too is an overly simplistic view. Usually leading up to the time positive cash flow is initially reached, the management team is not taking a market wage, payables are stretched, and any slowing of receivables collections would likely cause layoffs.

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BetterWorks Shutting Down On May 31st

socalTECH

According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition.

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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Just notice how many VC emails you get after your TechCrunch article or after you were on stage at TC50. We plan to continue to use PR as an ongoing part of our customer acquisition strategy.&#. Leave them wanting more.