Activist investor TCI calls on Google parent Alphabet to slash costs
Alphabet and others have made large profits while buying back billions of dollars in shares in recent years as interest rates remained low in the developed world.
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Alphabet and others have made large profits while buying back billions of dollars in shares in recent years as interest rates remained low in the developed world.
An activist investor wants the tech giant to cut costs and dump some of its riskier bets.
Hedge fund owned by Christopher Hohn urges Alphabet to emulate cost-cutting measures of Silicon Valley rivals
TCI Fund Management, an investor in Google's parent company since 2017 with a $6 billion stake, said the company had 'too many employees and cost per employee is too high'.
As Rishi Sunak made his rapid ascent in British politics, campaigning for Brexit and greater immigration controls to preserve jobs for Britons, the company..