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.
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Activist investor TCI to Google CEO Sundar Pichai: Cut headcount and trim costs
November 16, 2022
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