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. 


Source link

About search

Check Also

California bill advances that would make Google, Facebook pay news companies whose stories appear on their platforms – The Mercury News

You can't escape it now — Gemini is officially part of Gmail, Google Drive, Docs, Sheets, and Slides – TechRadar

[unable to retrieve full-text content]You can’t escape it now — Gemini is officially part of …

Leave a Reply

Your email address will not be published. Required fields are marked *