Gregory's Server@mhoye “Major wall st fund managers and stock holders started putting together a plan to put pressure on the wage and RSU growth.”
TCI via Christopher Hohn. When I read this on FT in Nov. ‘22 at the time ChatGTP was released it to me, was the trigger point for mass layoffs.
“#TCI Fund Management, the activist hedge fund helmed by U.K. billionaire #ChristopherHohn, touted a massive stake in #Google parent #Alphabet on Tuesday as he called on the company to cut costs by reducing its head count and paying workers less, becoming the latest high-profile investor slamming the formerly high-flying tech sector amid broader market weakness.”