Alphabet's secretive X division lays off dozens of workers in cost-efficiency push

Google-parent Alphabet will reportedly lay off dozens of workers in a secretive division that develops new technology as part of the search giant’s broader cost-cutting push.In recent months, the division, called X Lab, has been in talks with venture capitalists, sovereign wealth funds and private equity firms on funding, people familiar with the matter told Bloomberg.Getting outside funding would allow X Lab projects to be spun out more easily, functioning as independent startups with support from Alphabe ...