TCI Fund Management told Google parent Alphabet in a letter that it needs to aggressively cut costs. TCI Fund Management, the activist hedge fund, sent the letter to Alphabet Chief Executive Sundar Pichai on Tuesday. TCI said the cost base of Alphabet “is too high and management needs to take aggressive action.” Read More...
TCI Fund Management told Google parent Alphabet in a letter that it needs to aggressively cut costs. TCI Fund Management, the activist hedge fund, sent the letter to Alphabet Chief Executive Sundar Pichai on Tuesday. TCI said the cost base of Alphabet “is too high and management needs to take aggressive action.”
