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Dude Motorola doesn't even exist anymore. At its height Motorola had 150,000 employees. After it imploded in 2011, Lenovo bought the mobile brand name and what
by causi 5y ago
Dude Motorola doesn't even exist anymore. At its height Motorola had 150,000 employees. After it imploded in 2011, Lenovo bought the mobile brand name and what was left is now Motorola Solutions, a telecom company with 18,000 employees that's losing a billion dollars a year. I don't see how a company that's fifty thousand dollars a year per employee in the red can be doing well.
- dave78 5y agoAs another commenter pointed out, you are misinformed regarding Motorola Solutions' profitability. As far as 150,000->18,000 employees, that's primarily because Motorola spun off/sold off so many business units (ON Semi, GD Decision Systems, Freescale, Continental, Cambium, Zebra, and of course the split with Motorola Mobility). Most of these spinoffs exist today and are successful. As to whether spinning them off was a good idea or not, I can't really say, but the idea that Motorola has imploded or ceased to exist is just wrong.
- jasode 5y ago>what was left is now Motorola Solutions, a telecom company with 18,000 employees that's losing a billion dollars a year. Fyi... I just looked up the 2020 10-K and 2021 2Q results for Motorola Solutions and it says they are profitable. $949 million in earnings in 2020. It looks the other company spun off as Motorola Mobility cellphones was losing money in 2011. https://sec.report/Document/0000068505-21-000008#:~:text=The%20following%20selected%20financial%20data%20is%20derived%20from%20the%20consolidated%20financial%20statements https://sec.report/Document/0000068505-21-000008#:~:text=The.... https://newsroom.motorolasolutions.com/news/motorola-solutions-reports-second-quarter-2021-financial-results.htm https://newsroom.motorolasolutions.com/news/motorola-solutio...