- Between 1,000 and 1,200 employees will be moving from Google+ to other departments within the company.
- The Google Hangouts team will be integrating with the Android team
- The Google Photo team is likely to follow Hangouts to Android
- The teams from Google+ will be moving to building 'widgets' for the platform rather than improving Google+
The Chief Archetect of Google+, Yonatan Zunger, has come out and directly addressed the TechCrunch article.
Can't get much more direct than that.