If they are moving everything, well, Netflix did that too. Maybe opportunity cost, maybe having your engineers work on your core product instead of running VMs is cheaper altogether.
Netflix provides massive storage boxes to ISPs that serve content from within the network of the ISP the user is connecting from. This can save the ISP a lot of external traffic so they generally want to do this to save costs and meet customer demands. YouTube does a similar thing.
They call it OpenConnect:
[1]: https://openconnect.netflix.com/ [2]: https://fosdem.org/2019/schedule/event/netflix_freebsd/ [3]: https://news.ycombinator.com/item?id=11129627 [4]: https://www.slideshare.net/aspyker/container-world-2018 [etc.]
It sounds like they moved stuff like logging/metrics and query systems onto GCP, which makes sense because as another poster said utilization is probably bursty.