Personal speculation:

November 2022 was the month UK #ChristopherHohn, a #google investor decided that sacking #WhiteCollar workers at google was a good idea and instead invest in AI.

Long term #investors, tech business owners are punting on #AI making more money than their high paid #employees.

#AI / #WhiteCollar #tech <https://theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay>

Personal speculation:

November 2022 was the month UK #ChristopherHohn, a google investor decided that sacking #WhiteCollar workers at google was a good idea and instead invest in AI.

Long term investors, tech business owners are punting on #AI making more money than their high paid employees.

#AI / #WhiteCollar #tech <https://theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay>

The #AI wars between #tech companies is heating up and #Google executives just gave its parent company #Alphabet a USD $100B dollar pay cut.

Remember #ChristopherHohn #TCI back in November ‘22 called out #WhiteCollar tech workers for being paid too much?

Chris has a “holds a stake valued at $6bn” stake and won’t be pleased 🤣

#schadenfreude <https://theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay>

#ChristopherHohn, hedge fund billionaire, #RishiSunak 's old boss and the man who paid himself ~1.5m a day last year has complained to Google's CEO that he didn't lay off enough people and he should start considering paying them less.

BESTIES WHEN ARE STARTING TO DECAPITATE THE RICH AGAIN???

#layoff #techlayoff #google #capitalism #anticapitalism

The link between #philanthropy and #TaxAvoidance. Google it!

“The Children’s Investment Fund Foundation was established in 2002 by Chris Hohn and Jamie Cooper. The co-founders set out to improve the lives of children living in poverty in developing countries through strategies that have lasting impact. With a rigorous business-like approach to philanthropic funding, the foundation was focused on clear returns for children from the outset. The emphasis on data to measure impact has been widely adopted by other development funders.”

#ChristopherHohn / #HedgeFunds / #WhiteCollar <https://ciff.org/about-us/who-we-are/>

“The billionaire hedge fund manager Sir Chris Hohn paid himself a record-breaking $690m (£574m) this year after his Children’s Investment (TCI) fund recorded a a surge in profits. … It equates to more than £1.5m a day.”

#ChristopherHohn / #HedgeFunds / #WhiteCollar
<https://theguardian.com/business/2022/nov/30/sir-chris-hohn-paid-himself-equivalent-of-over-15m-per-day-this-year>

Noticing #WhiteCollar job cuts in #Tech, #SV and #FANG ? At the same time profits in #tech and other sectors in the economy is booming with high profits.

This caught my eye November last year: “Major investor calls on #Google owner to ‘aggressively’ cut staff and pay”

“hedge fund of the billionaire Sir Christopher Hohn has written to Alphabet saying staff at the Google and YouTube parent are paid too much and its workforce should be drastically cut back.”

The high Priests of the economy have spoken, the market reacts. Tax Corporations till they beg!

#ChristopherHohn / #HedgeFunds / #WhiteCollar <https://theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay>