Verily, Alphabet’s health-focused company, is cutting jobs

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About 15 percent of staff will be laid off.

As part of Verily’s changes, the company will be discontinuing development on its Verily Value Suite and some “early-stage products,” Gillett wrote.

It will be shifting to a centralized product organization with “increasingly connected healthcare solutions.” Gillett also detailed the new leadership team, though noted that the company plans to hire a new chief scientific officer and is continuing its search for a new CFO.The cuts mark the first for an Alphabet-owned company amid the many recent tech layoffs,

 

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