November 27, 2022

Alphabet faces name from activist fund to chop headcount

Alphabet faces call from activist fund to cut headcount

Alphabet faces call from activist fund to cut headcount

Google’s guardian Alphabet confronted a name from a big shareholder on Tuesday to chop its hovering headcount and slash excessive salaries paid to non-engineers, within the newest signal of the strain constructing on the largest US tech firms to overtake their companies for an period of slower development.

TCI, a hedge fund that mentioned it owns about $6bn of Alphabet shares, referred to as for “aggressive motion”, together with a dramatic reduce in Google’s long-running funding in driverless automobiles and an enormous enhance…

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