secwatch.observer — SEC 8-K summary
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Issuer:     Alphabet Inc. (GOOGL)
CIK:        0001652044
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001652044-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alphabet Q4 revenue $76B (+1% YoY), EPS $1.05; announces 12,000 job cuts
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- Q4 consolidated revenue $76.0B (+1% YoY, +7% constant currency); full-year revenue $282.8B (+10%).
- Q4 GAAP diluted EPS $1.05 vs $1.53 a year ago; operating income $18.2B (24% margin).
- Google Cloud revenue $7.3B (+32% YoY) but operating loss of $480M; YouTube ads $8.0B (-8% YoY).
- Workforce reduction of ~12,000 roles; expects $1.9-2.3B severance charges in Q1 2023.
- Server useful life extended to six years, reducing FY2023 depreciation by ~$3.4B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652044/000165204423000013/0001652044-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652044/000165204423000013/goog-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001652044-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer