San Francisco, California-based Verily Life Sciences, the life sciences research subsidiary of Alphabet, has announced a restructuring to eliminate some programs and streamline operations that will result in a reduction of 15% of its workforce.
Approximately 200+ employees will be impacted.
Verily’s chief executive officer Stephen Gillett noted, “We are making changes that refine our strategy, prioritize our product portfolio and simplify our operating model. We will advance fewer initiatives with greater resources.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?