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Alphabet To Layoffs 15% Staff In Health Sciences Unit Verily

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Alphabet's healthcare business division Verily Life Sciences, has revealed in an internal memo it is planning to lay more than 200 employees.

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As reported by today's Wall Street Journal today, the reductions in employment will affect around 15 percent of Verily's workforce, believed to be about 1,600.

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Verily President Stephen Gillett said in the email sent to employees that the company is also planning to end its involvement in an application for medical use called Verily Value Suite in addition to other projects in the early stages.

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“We are making changes that refine our strategy, prioritize our product portfolio and simplify our operating model,” Gillett told employees. 

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“We will advance fewer initiatives with greater resources.”

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Verily is among the largest Alphabet companies, apart from Google itself. Verily is one of the businesses that are called "Other Bets."

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It's focused on life sciences and is currently working on a variety of projects that require the analysis of data and technologies to treat diverse medical diseases.

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