An billionaire investor has called on Alphabet to cut costs by slashing its headcount, saying the parent needs to adjust to an era of slower growth.TCI Fund Management, an investor in Google's parent company since 2017 with a $6 billion stake, said the company had 'too many employees and cost per employee is too high'. Christopher Hohn, TCI's Managing Director, issued the warning in an open letter to Alphabet CEO Sundar Pichai on Wednesday, saying 'management needs to take aggressive action' to reduce costs.
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