Friday, August 26, 2016

Alphabet looks to slash costs of Google Fiber unit and cut workforce in half

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Many of us have spent the last five years hoping beyond hope that Google Fiber would be deployed on our home turf. Fiber has been expanding little by little, but the costs are still astronomical. Alphabet CEO Larry Page has reportedly gotten fed up with Google Fiber burning through cash. He's demanded Fiber chief Craig Barratt cut his staff to 500 from 1,000 and reduce the cost of acquiring new customers to one-tenth of current levels.

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Alphabet looks to slash costs of Google Fiber unit and cut workforce in half was written by the awesome team at Android Police.



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