Alphabet pre-announces $1.9-2.3B severance, ~$0.5B office exit in Q1 2023

Alphabet Inc.

Severance charges of $1.9-2.3B, majority in Q1; office space exit costs ~$0.5B in Q1.
Server/network equipment useful life extended to 6 years, cutting depreciation ~$3.4B in FY2023.
DeepMind merged with Google Brain into Google DeepMind; reported in unallocated corporate costs starting Q2 2023.
Cost allocation methodologies updated; less unallocated costs allocated to Google Cloud, more to Google Services.
Annual employee equity grants shifted from January to March 2023; less Q1 SBC expense but neutral for full year.

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