- TCI Fund Management, an activist investor, wrote to Alphabet requesting that it reduce expenses and take decisive action, such as expanding share buybacks.
- The hedge fund also stated that the number of employees and cost per employee are both too high at the organisation.
- Investor TCI also requested that Alphabet reveal its operating profit margin targets and curtail losses in Other Bets.
Alphabet must reduce costs because there are too many employees: TCI Hedge Fund
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