Daily Traders Edge

Tech Stocks: Hedge-fund billionaire: Google owner Alphabet needs to cut more than 12,000 overpaid jobs

January 23
10:37 2023

Hedge-fund billionaire Christopher Hohn has urged Alphabet to widen its job reduction actions to at least 20% of the company, saying 12,000 layoffs are not sufficient enough to reduce the tech giant’s cost base.

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