Google Investor wants to become like Twitter

By Naveen Nov 16, 2022

uogle's parent company, Alphabet Inc, is said to be forced to undertake aggressive cost-cutting measures

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London-based hedge fund, TCI, is owned by billionaire Christopher Hohn.

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He wrote a letter to Alphabet's CEO Sundar Pichai on Tuesday.

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The company was asked to take quick decisions to reduce its financial output.

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"This growth is high, relative to historical headcount growth and what the business needs," Hohn said in the letter.

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"Alphabet's ex-executives indicate that we can run our business more effectively."

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Alphabet Inc's headcount has grown by 20 percent annually,

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The letter also said it was "153 percent more than the 20 largest listed technology companies in the US."

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