Google Fiber Announces New CEO And Staff Reassignments
The company installing high-speed internet in San Antonio has a new leader and is losing hundreds of employees.
Google has confirmed that Gregory McCray will head up Google Access -- the division over Google Fiber, replacing Craig Barratt as CEO who left last October.
Barratt stepped down at the same time Google halted expansion of the network into several cities.
In San Antonio, the construction of a Google fiber network has been delayed at the city's request for a potential redesign.
In a statement to TPR, a Google Fiber spokesperson says in San Antonio, "Going forward we're focused on finding innovative new ways to deploy superfast internet" with more details to come.
Google has confirmed many fiber staff will be reassigned to other parts of the company, with the website Business Insider reporting the number is in the hundreds.
Google lost $1.1 billion last fiscal quarter on its "Other Bets" areas of business that includes among -- other things -- Google Fiber.