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Verily is closing its medical device program as Alphabet shifts more resources to AI
Alphabet's life sciences arm Verily laid off staff and eliminated its entire devices program as AI and data infrastructure takes center stage.
Alphabet’s life sciences arm Verily laid off staff and eliminated its entire devices program Monday. CEO Stephen Gillett announced the “difficult decision” to wind down the program in a staff memo, according to Business Insider. The company has conducted multiple rounds of layoffs in recent years, including cuts to its HR and cloud units in February and voluntary exit programs for its more than 25,000 Platforms & Devices employees in spring.
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