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February 16, 2017 10:00 pm

Google Fiber Sheds Workers As It Looks to a Wireless Future

Mariella Moon, writing for Engadget: Alphabet is making some huge changes to steer Google Fiber in a new, more wireless direction. According to Wired, the corporation has reassigned hundreds of Fiber employees to other parts of the company and those who remained will mostly work in the field. It has also hired broadband veteran Greg McCray as the new CEO for Access, the division that runs Google Fiber. These changes don't exactly come out of left field: back in October, Google announced that it's pausing the high-speed internet's expansion to new markets and that it's firing nine percent of the service's staff. Wired says running fiber optic cables into people's homes has become too expensive for the company. A Recode report last year says it costs Mountain View $1 billion to bring Fiber to a new market.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/MIiTxeTho5s/google-fiber-sheds-workers-as-it-looks-to-a-wireless-future

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