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Google to Reduce Top Executive Bonuses, CEO Sundar Pichai Says

Google to Reduce Top Executive Bonuses, CEO Sundar Pichai Says

Google Chief Executive Sundar Pichai said top executives would take pay cuts following the largest round of layoffs in the company’s history. The comments came after Google’s parent company, Alphabet announced last week that it would eliminate about 12,000 jobs, or 6% of staff, its first major layoff since 2009. Vice presidents at Google can make base salaries of more than $550,000 a year, according to a job posting from the company.