Investor TCI urges Alphabet to cut excessive headcount, costs

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Go back to Investor TCI urges Alphabet to cut excessive headcount, costs

London-based activist hedge fund calls on Alphabet (GOOGL) to cut costs - reports

November 15, 2022 12:30 PM EST

The London-based activist hedge fund TCI Fund Management has urged Alphabet (NASDAQ: GOOGL), the parent company of Google, to aggressively cut expenses and reduce losses in long-term projects like the self-driving car unit Waymo, according to reports on Tuesday.

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