The news of layoffs and external funding at Alphabet's X division suggests a focus on cost management and efficiency. While layoffs may have a negative short-term sentiment impact, the pursuit of external funding and potential for successful spin-offs could balance the outlook. The impact is neutral as the market may view the cost-cutting measures positively for long-term financial health, but with caution due to the uncertainty of the success of the ventures and the broader market implications of tech layoffs.