Source: Alphabet's moonshot X lab is restructuring to make it easier to spin projects out as independent startups; sources: it's laying off dozens of employees (Julia Love/Bloomberg)

Julia Love / Bloomberg:

Source: Alphabet’s moonshot X lab is restructuring to make it easier to spin projects out as independent startups; sources: it’s laying off dozens of employees  —  – X is the brainchild of Google founders Brin and Page  — Google’s job cuts are part of a broader cost-efficiency push