GOOG jumps on layoffs affecting 6% of search giant’s workforce
Alphabet will lay off about 12,000 employees. GOOG stock has benefited from the news on Friday. Alphabet will focus on AI technolgy. $102 is the next price target for GOOG bulls. Alphabet (GOOG) stock advanced 3.7% to $97.40 on Friday after the paid search and online advertising behemoth announced 12,000 job cuts. Recent data suggests Alphabet, […]