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Alphabet’s X — which has been described as a “semi-secret research and development facility” — is laying off dozens of staff on its support team as the entire company looks to cut costs.
Amidst pressure from an activist hedge fund, adverse market conditions and a need to cut costs, Google launched a ranking system and performance improvement plan—Googler Reviews and Development ...
Google parent Alphabet is eliminating about 12,000 jobs, ... Google-parent Alphabet is cutting 12,000 jobs By Clare Duffy, ... This tiny shape-shifting robot can melt its way out of a cage ...
Over that time, Alphabet's employees have more than doubled from just above 80,000 to close to 190,000. "The company has too many employees and the cost per employee is too high," Hohn advised.
Alphabet called out slowing spending by advertisers on YouTube, said financial services spending was cooling on Google, and plans to cut hiring by more than half. Sign up here.
Alphabet investor TCI is urging the company to "go further" in cutting jobs and reducing spend. A letter from TCI to CEO Sundar Pichai said "excessive employee compensation" should be addressed.
Google’s parent Alphabet faced a call from a large shareholder on Tuesday to cut its soaring headcount and slash high salaries paid to non-engineers, in the latest sign of the pressure building ...
Google parent company Alphabet has announced that it's cutting around 6% of its global workforce, impacting some 12,000 people. ... The news means that four out of the five so-called ...
Alphabet points out that this feature is now being used by more than 1.5 billion users each month. ... The 10 stocks that made the cut could produce monster returns in the coming years.
Alphabet's antitrust battle with the Justice Department could result in its exclusive internet search with Apple being scuttled, warned an Evercore ISI analyst on Monday. He lowered his price ...