Google recently released a blog post where Craig Barratt, the current CEO of Access or Google Fiber as it is more commonly known, announced that there would be more layoffs in his division. Apparently, ALPHABET is looking for cheaper ways to deliver its fast internet connection to more cities. Barrat also mentions that he will be staying on only in an advisory capacity, which means that he is also losing his job.
Although the exact number of personnel that will be losing their jobs because of the layoffs wasn’t mentioned in the blog post, Ars Technica reports that it will be around 9 percent of the remaining employees. The publication also makes note of the halted plans to deliver Gigabyte internet speeds by Access to over 10 cities as the company scrambles to find cheaper methods of providing Fiber connections to users.
On that note, Access is still set on becoming an actual internet service provider since it continues to provide service to eight cities and is set to add another four. Thanks to its recent acquisition of a wireless ISP called Webpass, which services six cities, it’s safe to say that Access is still moving forward.
With regards to the employees themselves, sources indicate that they may simply be reassigned, so most of them might remain employed. Barratt won’t be replaced immediately either, so he is still the acting CEO until ALPHABET can find someone to take his place.
On the matter of which direction the company will proceed from now on, The Verge notes that wireless seems to be its best bet. Access has already started experimenting with more effective wireless delivery of fast internet data, which would save them from having to install additional infrastructure. This has been one of the biggest obstacles for a fledgling ISP like Access, in addition to certain regulations rigged in favor of its competitors.


SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 



