Wednesday, October 26, 2016

Google Curbs Expansion of Fiber Optic Network, Cutting Jobs - The New York Times

Less Fiber in Alphabet's diet; also see Google’s Alphabet Experiment Misses Key Goal: Keeping Executives (Bloomberg)
"The company said on Tuesday that it was curbing the expansion of its high-speed fiber optic internet network and reducing staff in the unit responsible for the work. Alphabet did not provide an exact number for the jobs that will be cut.

Craig Barratt, chief executive of Access, the Alphabet division containing Google Fiber, also said he planned to step down because the company was shifting to new technologies and methods of deploying high-speed internet. No replacement was announced. Mr. Barratt, an Alphabet senior vice president, said he would remain an adviser to the company."
Google Curbs Expansion of Fiber Optic Network, Cutting Jobs - The New York Times

No comments: