Investor tells Google: Cut costs now and stop paying staff so much (webmaster@theregister.co.uk (Paul Kunert)/The Register)

webmaster@theregister.co.uk (Paul Kunert) / The Register
Investor tells Google: Cut costs now and stop paying staff so much – Also wants Alphabet to slash losses in Waymo division, buy back shares, lots of them Activist investor TCI Fund Management is calling on Googles parent Alphabet to pursue aggressive cost cutting on the back of a hiring spree during the pandemic, claiming the business could be more efficiently run. …

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