Alphabet Main Financial Officer Ruth Porat.
Adam Galica | CNBC
Alphabet Main Fiscal Officer Ruth Porat said in a memo Wednesday that Google is restructuring its finance business, a move that will incorporate layoffs and relocations, as the enterprise pushes sources to favor investments in artificial intelligence.
“The tech sector is in the midst of a tremendous platform shift with Al,” Porat wrote in the memo, obtained by CNBC, that was despatched to workers in finance. “As a company, this signifies we have the prospect to make far more helpful items for billions of buyers and provide a lot quicker
