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Hedge Fund TCI says Alphabet cost base 'too high'

Reuters · 11/15/2022 11:24
Hedge Fund TCI says Alphabet cost base 'too high'

- British activist TCI Fund Management said on Tuesday that the cost base of Alphabet Inc GOOGL.O is "too high" and the company's management to take action.

"The company has too many employees and cost per employee is too high," it said in a letter to Alphabet.

Alphabet did immediately respond to a Reuters request for comment.


(Reporting by Tiyashi Datta in Bengaluru; Editing by Shailesh Kuber)

((tiyashi.datta@thomsonreuters.com;))