Google Curbs Expansion of Fiber Optic Network, Cutting Jobs

nytimes.com The New York Times

SAN FRANCISCO — Alphabet, the parent company of Google, is signaling a strategy shift for one of its most ambitious and costly efforts: bringing blazing-fast web connections to homes across America.

The company said on Tuesday that it was curbing the expansion of its high-speed fiber optic internet network and reducing staff in the unit responsible for the work. Alphabet did not provide an exact number for the jobs that will be cut. Read More...