Good opportunity for Google to increase the competency level at Motorola. Get rid of the least productive workers now when Motorola's revenues are not great, keep the best ones around, the ones they would've hired anyway if they had the chance, and then start hiring really good ones when Motorola starts growing again.
What they really ought to do is do away with MOTOBLUR (and merge anything salvageable from it back into Android proper) and then concentrate on making first class hardware running stock Android. All the other manufacturers are afraid to do it because they want to "differentiate" their products, which ironically leaves a huge opportunity for someone to "differentiate" by using stock Android on excellent hardware. People love the Nexus devices. Make a whole line of devices running that software under the Motorola banner and they've got a good hook into returning to profitability, meanwhile eliminating the development cost of redesigning the UI solely for the purpose of being different.
Motorola is going to mess Google's margins, so they'll probably try to gut everything to improve margins. Right now everything is smoothed by Adwords.
I think you're right, friend, I think... That said, Why does a company like Google obsess so much over margins, when they have 70 BILLION dollars in equity, 50 Billion dollars in annual revenues, and 20% profit margins (11 figures, 11 and Billion annually in net revenue alone...) I think it's myopic. Not that any company need to keep extra employees, if they don't need them, but there's too much obsession over margins amongst these fortune 50's, and I think that it is bad for creativity in the long run #soapbox