Google Fiber reportedly ordered to cut costs, downsize
Building a fiber-based network is expensive and time-consuming. The company is said to have fallen “well short” of its subscriber goals.
Google Fiber’s ultrafast 1Gbps broadband service may not be going fast enough.
Google Fiber, a subsidiary of Google parent company Alphabet, has fallen “well short” of its subscriber goals and is now looking to cut costs, according to a report Thursday from The Information.
Alphabet co-founders Larry Page and Sergey Brin have been unhappy with the rollout and costs of Google Fiber, unnamed sources told The Information. Last month, Page reportedly ordered Google Fiber chief Craig Barratt to halve the size of the team and significantly reduce the cost of bringing the service to customers’ homes.