GOOG: Motorola Mobility has started laying off 1,200...

3:34 AM Motorola Mobility has started laying off 1,200 workers in the U.S., China and India, or over 10% of its staff, as the Google (GOOG) unit continues its efforts to return to profitability. "Our costs are too high, we're operating in markets where we're not competitive and we're losing money," Motorola said in a company email. The cuts add to 4,000 redundancies that the firm announced last summer. Read comments

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