(Reuters) – British activist TCI Fund Management said on Tuesday that the cost base of Alphabet Inc is “too high” and the company’s management needs 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 not immediately respond to a Reuters request for comment.
(Reporting by Tiyashi Datta in Bengaluru; Editing by Shailesh Kuber)
