Google is trying to reignite growth after a tough year for online advertising in 2022.
: $6.6 billion, according to StreetAccount.: $11.78 billion, according to StreetAccount.
Alphabet's first quarter was highlighted by dramatic costs cuts, on the one hand, and a hefty focus on investments in artificial intelligence, on the other. Coming off consecutive quarters of meek revenue growth, Google's parent had its first major rounds of job cuts since the company's public market debut nearly 19 years ago. In January, Alphabet said it wasRevenue growth in the first quarter is expected to come in at just over 1% as advertisers continue to reel in spending.that Google is making cuts to employee services, calling them “big, multi-year efforts.
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