Google Will Reduce Executive Bonuses as It Lays Off Staff

Google Will Reduce Executive Bonuses as It Lays Off Staff

Google is planning to reduce senior executives’ pay as part of a cost-cutting drive that includes laying off 12,000 workers. 

Sundar Pichai, chief executive of Google and its parent


Alphabet


(ticker: GOOG), said employees at the senior vice president level and above would get lower bonuses, The Wall Street Journal reported, citing people who heard the remarks at a companywide meeting on Monday. 


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