Google Extends Employee Buyouts
Alphabet has expanded voluntary buyout offers to employees in several countries this year. The tech giant aims to reduce costs amid heavy investments in artificial intelligence and cloud computing.
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ALPHABET INC-CL A has expanded voluntary buyout offers to employees in Canada, France, Germany, Japan, and Switzerland as it seeks to contain rising costs. The search giant is reining in operational expenses to offset heavy capital expenditure in artificial intelligence. Alphabet's workforce has grown steadily in recent quarters, but executives are shifting resources toward priority areas like DeepMind and Google Cloud.
