Google (GOOG) is cutting 20% of Motorola Mobility's workforce, or over 4K employees. Google has already let go of 40% of Motorola's VPs and made a CEO change. The cuts are part of an effort to create a streamlined Motorola focused on a small number of smartphone and R&D projects. Reports have indicated Motorola's cable hardware unit will soon be on the block. Motorola had an operating loss of $38M in its first 6 weeks under Google control.