News Australia: Billionaire calls on Google to ‘aggressively’ cut staff and pay

News Australia: Billionaire calls on Google to ‘aggressively’ cut staff and pay. “The billionaire owner of a hedge fund that is a major investor in Google and YouTube’s parent company Alphabet has made an extraordinary demand for the company to make ‘aggressive’ cuts to staff numbers and reduce the pay of remaining employees. Christopher Hohn, who owns London-based hedge fund TCI which holds a $6 billion stake in the company, wrote to Alphabet’s boss Sundar Pichai urging him to follow in the footsteps of its other tech rivals such as Facebook, Amazon and Microsoft and lay-off staff.”

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