Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
July 18, 2017 04:00 pm

Google Fiber Is Losing Its Second CEO in Less Than a Year

An anonymous reader shares a report: Google Fiber, the high-speed internet service operated by Alphabet, has lost its second CEO in less than a year. Gregory McCray is stepping down from the CEO job of Access, the Alphabet subsidiary that houses the Fiber unit, Google confirmed to Business Insider on Monday. The change is the latest shake-up at Access, which announced in October that it would stop rolling out its 1 gigabit per second wired broadband networks to new cities and focus on newer, wireless options, such as the Webpass wireless service it acquired last year. The Access group also had layoffs towards the end of 2016 and shifted hundreds of other employees to different units within Google earlier this year. Alphabet CEO Larry Page said in an emailed statement to Business Insider on Monday that the company is "committed to the success of Google Fiber" and was looking for new leader for the business.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/TRQadJYMLPI/google-fiber-is-losing-its-second-ceo-in-less-than-a-year

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot