Google CEO Sundar Pichai has announced ambitious 2024 goals amidst mass layoffs and litigations over anticompetitive behavior. The company is cutting jobs at its X moonshot lab and terminating its contract with Appen, seeking outside investors to fund projects. Pichai aims to improve company velocity, efficiency, and productivity, delivering durable cost savings.
Filing: Google is terminating its contract with data-labeling firm Appen, effective March 19; Google accounted for $82.8M of Appen's $273M revenue in 2023 (@haydenfield / CNBC) https://t.co/0EJdX2SYa1 š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/s52UnfQbTq
LISTEN NOW: More layoffs at Google ā this time within X, its innovation lab responsible for moonshot projects. Listen and follow the @CNBCTechCheck podcast here: https://t.co/GkIlXbLjJr https://t.co/BFLWTPStps
NEW: Alphabet has cut all contractual ties with Appen, the firm that helped train Google's chatbot Bard & Search. The former AI darling had a star-studded client list (MSFT, META, AAPL, AMZN) but has struggled with client/exec departures & plummeting $$$. https://t.co/kkiZBgQzkY
The slow drip of layoffs at $GOOGL continues - this time, cutting at its moonshot factory X. It comes after years of pressure form Wall Street and heavy financial losses. And at a time when Google's cash cow - it's core ad business - is showing cracks. @dee_bosa reports https://t.co/vnRGBO3ex4
#FPTech: #Layoffs continue at #Google, people from its secret research lab #MoonshotX terminated https://t.co/8UKJgAA61T
Amidst company-wide layoffs, Google CEO Sundar Pichai has laid out his 2024 goals in a leaked internal memo https://t.co/58l7ANc1ue
Google's parent Alphabet is cutting dozens of jobs at its X moonshot lab and turning to outside investors to help fund its projects https://t.co/7emvCskROA
Google lays off ādozensā from X Labs, wants projects to seek outside funding https://t.co/uYRBwWCqrd
Google cites ādurable cost savingsā as 2024 goal as CEO Sundar Pichai warns of more layoffs https://t.co/Qcddr7uoNT https://t.co/9Y0gTZw1Ik
No. 7 on Pichai's 7-point mission statement for 2024: "Improve company velocity, efficiency, and productivity, and deliver durable cost savings." https://t.co/4dUfc9GNZJ
Google Terminates Contract With Appen For Search Quality Raters. via @kristileilani: https://t.co/t5ITRPWptW #seonews #Google #SEO
Google is cutting dozens of jobs at its X moonshot lab and turning to outside investors to help fund its projects https://t.co/GwkCweBnTk
Google to cut thousands of search quality rater jobs after dropping contract with Appen via @rustybrick https://t.co/mLt7VHbjBC
Google CEO warns of more job cuts as the company preps for āambitious goalsā https://t.co/JTsYFA8jft
#FPTech: #SundarPichai has laid out #Googleās ambitious 2024 goals amid mass #techlayoffs and countless litigations around their #anticompetitive behaviour. https://t.co/wWHZI6BvGS