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News, Analysis & Perspective on Autonomous Vehicles

Investor TCI urges Alphabet to cut excessive headcount, costs

Nov 15 (Reuters) – Activist investor TCI Fund Management has called on Alphabet Inc (GOOGL.O) to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google parent needs to adjust to an era of slower growth.

https://www.reuters.com/technology/hedge-fund-tci-says-alphabet-cost-base-too-high-2022-11-15/#:~:text=Nov%2015%20(Reuters)%20%2D%20Activist,an%20era%20of%20slower%20growth.

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