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Wednesday, January 11, 2023 4:32:03 PM
By: Morningstar | January 11, 2023
Google parent Alphabet Inc. (GOOGL)(GOOGL) started its anticipated layoffs beginning with its healthcare unit Verily Life Sciences, according to a Wall Street Journal report Wednesday. More than 200 jobs are being trimmed at the 1,600-employee unit, the Journal reported, citing an email from Verily head Stephen Gillett to employees. Rumored layoffs of up to 10,000, or 6% of Alphabet's workforce, have been brewing since November.
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