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Why Are Google's Founders Back After the Recent Layoffs?

The company is feeling pressure from an unlikely corner.

By Neil Rozenbaum – Jan 23, 2023 at 10:15AM EST

In this video, I will talk about the recently announced layoffs by Alphabet (GOOGL +3.97%), what they mean for the business and for investors, and the next steps the company is taking to battle the threat of ChatGPT.

*Stock prices used were from the trading day of Jan. 20, 2023. The video was published on Jan. 22, 2023.

Read Next

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$402.72
(+3.97%)+$15.37

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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