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Alphabet Wields AI Axe: GOOGL Slashes Costs (and Jobs) by Millions

Alphabet Wields AI Axe: GOOGL Slashes Costs (and Jobs) by Millions

Published:
2025-06-05 20:12:00
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Alphabet (GOOGL) To Use AI To Save Millions, Cut Jobs?

Another quarter, another 'efficiency play'—this time with Silicon Valley's favorite buzzword doing the dirty work.

Google's parent company confirms AI-driven restructuring will save nine figures annually. The unspoken footnote? Those savings come from human payrolls.

Wall Street cheers while engineers polish resumes. Somewhere, a McKinsey partner charges $2M to present these slides.

|Square

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