BUSINESS

‘X Lab’ at Google Parent Company Will Face Job Cuts: See What The Chief Told Staff About Further Layoffs

The tech sector has been hit hard by a wave of job losses that began in 2024 when major layoffs were announced by many digital firms, including Google, Amazon, YouTube, and others. It is now obvious that this pattern is probably going to continue as Google proceeds with further layoffs. Most significantly, however, this wave of layoffs impacts Alphabet, the parent company of Google, and its “X – the moonshot factory” facility. This is being referred to as an attempt to get outside finance for the business’s several endeavors.

In an effort to attract outside investors, “Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees,” according to a Bloomberg story. According to unnamed people who spoke with Bloomberg, the division X—not to be confused with X, the company that was once known as Twitter—has been talking more with venture capitalists and other investors about raising money.

According to reports, this is because the lab is now going through internal structural changes. According to an internal email obtained by Bloomberg, it seeks to push out initiatives as separate companies, hoping to achieve this move with the assistance of parent firm Alphabet and other investors.

This Is What The Chief of The Lab Told Staff Members

The head of the lab, Astro Teller, said in the email that “we’re expanding our approach to focus on spinning out more projects as independent companies funded through market-based capital.” “We’ll accomplish this by expanding our reach to work with more financial and industry partners, and by keeping a focus on lean teams and capital efficiency.”

“This approach will give us more opportunity to focus on what Xers do best: inventing breakthrough technologies to help solve some of the world’s most pressing challenges,” he said in the email to the workforce.

How Does the X Lab Operate?

The lab was founded by Larry Page and Sergey Brin of Google and is focused on important global challenges including Internet access and climate change. It has apparently had trouble easing the transfer of significant projects out of the laboratory, however. The lab describes itself as “X, a diverse group of inventors and entrepreneurs who build and launch technologies that aim to improve the lives of millions, even billions, of people.”

This action is a result of Google firing hundreds of workers from a variety of departments, including its Voice Assistant division and the hardware team in charge of Fitbit, Pixel, and Nest. It also let go of staff members in its core engineering team and augmented reality unit.

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