Alphabet's Verily Shuts Medical Device Programme, Cuts Staff

Alphabet's Verily closes its medical device division and lays off staff

Alphabet's Verily was one of the company's star "moonshot" businesses, with its research delving into areas ranging from connected diabetes therapies to robot surgery. Now, Verily has shuttered its medical device division and laid off staff, the company announced in a memo seen by Business Insider. The number of employees who lost their jobs was not revealed. "We have made the difficult decision to discontinue manufacturing medical devices and w…

Alphabet's Verily shuts medical device programme, cuts staff

Layoffs a result of cost management and focus towards 'most critical priorities', CEO told staff. Read more: Alphabet’s Verily shuts medical device programme, cuts staff

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 unit Verily lays off staff and cuts its devices program. Read the full memo its CEO sent to staff.

Verily CEO Stephen GillettBusiness WireVerily, Google's life sciences sister company, has laid off staff and cut its devices program.In a memo to staff, CEO Stephen Gillett said Verily was continuing to narrow its focus."The path forward requires difficult decisions," he wrote.Verily, Alphabet's life sciences company, has cut staff and closed down its long-running devices program, Business Insider has learned.The cuts were announced internally o…

Alphabet’s Verily Shuts Down Medical Devices, Pivots to AI Amid Layoffs

Alphabet Inc.’s life sciences subsidiary, Verily, has made a significant pivot by shutting down its entire medical device program, a move that includes layoffs and a strategic refocus toward artificial intelligence and data infrastructure. This decision, announced in an internal memo by CEO Stephen Gillett, underscores the mounting pressures on tech giants to streamline operations amid economic uncertainties and the rapid rise of AI technologies…

Alphabet’s Verily shuts down its medical device division, lays off staff

Verily, also known as Verily Life Sciences LLC, is Alphabet Inc.’s research organization that’s dedicated to the study of life sciences, as the name suggests. Its research specializes in areas ranging from connected diabetes therapies to robot surgery. In a grave turn of events, the company is now shutting down its medical device division. Alphabet’s Verily has also announced employee layoffs. Alphabet’s Verily will now focus on precision health…