Alphabet's life sciences unit Verily lays off staff and cuts its devices program. Read the full memo its CEO sent to staff.
Verily, Alphabet's life sciences company, has cut staff and closed down its long-running devices program, Business Insider has learned. The cuts were announced internally on Monday, according to a memo sent to staff by CEO Stephen Gillett and obtained by Business Insider.Verily, which began life as a moonshot inside Google's X lab, has been on a journey to cut costs and streamline projects. The group has refocused its strategy around AI and developing infrastructure for other companies to lean on, Business ...