Activist investor TCI to Google CEO Sundar Pichai: Cut headcount and trim costs

In an open letter to Google-parent Alphabet’s CEO Sundar Pichai, activist investor has urged the company to make hard choices. Management should publicly set a target for profit margins, increase share buybacks and reduce losses in its portfolio of Other Bets -- the company’s long-shot projects, TCI managing director Chris Hohn says.

from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/bJAWHLC