‘Decision to cut 12,000 jobs step in right direction’: Investor tells Google
He said that the management should ‘aim to reduce headcount to around 150,000.’
Alphabet Inc, the parent of Google recently announced 12,000 job cuts, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring. In a viral tweet, a letter by Christopher Hohn, hedge fund billionaire, said that layoff is a step in the right direction.
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