Verily, the health-focused company housed under Google parent Alphabet, is laying off staff and announcing a sweeping reorganization, as shared in an email from CEO Stephen Gillett posted on Verily’s blog. “Approximately 15 percent of Verily roles” have been cut, Gillett said, which translates to more than 200 employees, according to The Wall Street Journal.
As part of Verily’s changes, the company will be discontinuing development on its Verily Value Suite (which you can read more about on this jargon-filled page) and some “early-stage products,” Gillett wrote. It will be shifting to a centralized product organization with “increasingly connected healthcare solutions.” Gillett also detailed the new leadership team, though noted that the…