Business information: Amid job cuts at Google’s dad or mum firm Alphabet, its CEO Sundar Pichai took home a whopping compensation of almost $226 million in 2022. According to the tech big’s submitting with the US Securities and Exchange Commission (SEC), Pichaia’s compensation included inventory awards of about $218 million.
Pichai’s wage, nevertheless, has remained regular at $2 million for the previous three years, in response to studies. On January 20, Google CEO confirmed in a letter to staff that about 12,000 individuals can be laid off globally, accounting for greater than 6 per cent of the entire workforce.
Amid layoffs, tech big Google can also be creating a number of cost-cutting measures reminiscent of slicing down on free snacks and exercise courses for its present staff, the media reported. The firm’s micro kitchen that gives free snacks like cereal, espresso, and seltzer water have been closed on days that usually have a considerably decrease quantity.
The firm additionally discontinued spending on private gear like laptops, in response to an inside memo. Tech big Google additionally knowledgeable its staff through an e mail that fewer of them can be promoted to extra senior ranges this 12 months as in comparison with the previous.
Google India terminated greater than 400 staff and a number of the impacted staff took to LinkedIn to share their plight.
(With IANS inputs)
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