Matt Brian took at look at the SEC filing for Google’s big Motorola layoffs:

Ensuring employees are well compensated following the cuts, Google says it will provide “generous severance packages, as well as outplacement services to help the employees find new jobs.” All of this is expected to cost the company $275 million, which will be shown in Google’s third fiscal quarter, with further costs being realised by the end of the year.

So when I poked fun at the $12.5 billion price for a company that has lost money for four years in a row, I actually meant $12.775 billion. And rising?

  1. bookofdoomed reblogged this from parislemon and added:
    If GooMoto fails to earn a profit, of course it’s $12.5 and rising.
  2. parislemon posted this