Alphabet cuts jobs at its moonshot labs

The company comes days after Alphabet and Google CEO Sudar Pichai warned of more layoffs this year pouring more workers into his moonshot lab. Alphabet is also restructuring Xi (not to be confused with what used to be called Twitter) to make it easier to launch projects with the backing (read: money) of outside investors.

X division head Astro Teller said in a memo to staff that the company is “expanding our approach to focus on doing more projects as independent, market-cap-funded companies.”

X tried to solve bigger problems and issues worldwide , and , but failed to achieve consistent success through spin-off businesses. The company hopes that this can lead to new ideas for those with a future.

– Matt Smith

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