Alphabet investor TCI is urging the company to "go further" in cutting jobs and reducing spend. A letter from TCI to CEO Sundar Pichai said "excessive employee compensation" should be addressed.

After years of ample hiring, Google parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) announced it plans to eliminate roughly 12,000 jobs - its chief executive said in a staff memo, reported Reuters.

Just days after Alphabet and Google CEO Sudar Pichai warned workers of more downsizing this year, the former is laying off dozens of employees, mainly support staff, at its moonshot lab. Alphabet is ...

(Reuters) - Activist investor TCI Fund Management has called on Alphabet Inc to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google parent needs to ...

Even the robots don’t have job security at Google parent Alphabet. The tech giant pulled the plug on high-priced automatons — which separated trash and squeegeed cafeteria tables — created by robotics ...

The pay disparity comes at a time when Alphabet, the parent company of Google, has been cutting jobs globally, The Mountain View, California-based company announced plans to cut 12,000 jobs around the ...

Nasdaq 100: Can the Alphabet share price catch up with its peers? Despite cost reductions and cutting edge innovation Alphabet Inc - C (All Sessions)’s share price lags behind that of its competitors ...

Alphabet Inc., Google’s parent company, illegally cut off contract workers’ access to a spreadsheet about pay transparency, a union alleged in a complaint to the National Labor Relations Board. In a ...

TCI raised issues with the tech giant’s headcount growth, employee compensation and its Other Bets division, saying cost discipline has not been a priority for the company. An activist hedge fund has ...

(Reuters) - Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee's pay, the company said in a securities filing ...