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Alphabet reports $716M in employee severance and related charges in Q1
The Fly

Alphabet reports $716M in employee severance and related charges in Q1

Alphabet said: “Compensation expenses included employee severance and related charges for the three months ended March 31, 2024 of $716M, a $1.3B decrease in severance and related charges as compared to the three months ended March 31, 2023. For the first quarter of 2024, these charges are included within cost of revenues, research and development, sales and marketing, and general and administrative expenses in the amounts of $153M, $247M, $217M, and $99M, respectively.

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