The move comes days after Google said it would lay off hundreds of employees in its advertising sales team and its hardware, Voice Assistant and augmented reality teams amid its aggressive campaign to cut costs and improve efficiency.
(Bloomberg) Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees as it turns to outside investors to help fund its ventures.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutGloom Over China Assets Is Spreading Beyond Battered StocksHedge Funds Rake in Huge Profits Betting on Catastrophe RiskThe division, kn
Alphabet s pioneering technology lab X is cutting staff and looking for more outside funding, Bloomberg reports, citing people familiar with the matter. X has increased talks with venture.